Northglenn retail center changes hands at $4.23 million
Adams County Property Location: 450-560 Malley Drive, Northglenn, “Malley Heights Shopping Center” Property Description: 39,495-sf retail building, YOC 1978 Land Size: 4.43 acres Sales Price: $4.23M, or $106.98 psf Reception No.: 96613 (2017) Closing Date: 10/31 Grantor: Par Acquisitions LLC, Stephen R. Parry, mgr., 720-222-9616 Grantee: Evergreen Marketplace LLC, J&B Building Company, Steve Peckar, mgr.,…
John Winslow
November 10, 2017Northglenn Marketplace sells for $48 million to HCP affiliate
An affiliate of Hutensky Capital Partners of Hartford, Connecticut, paid $48 million for Northglenn Marketplace, a 439,000-square-foot retail center on a 55-acre site at Interstate 25 and 104th Avenue.
Jolene Wollett
November 6, 2017Westminster REO shopping center snagged for $42.76 per square foot
Jefferson County Property Location: 6735- 6795 W. 88th Ave., Westminster Property Description: 99,397-sf retail building, YOC 1989, masonry construction, renovated in 2004 Land Size: 8.448 acres Sales Price: $4.25M, or $42.76 psf Reception No.: 2017101132 Closing Date: 9/30 Grantor: 6755 West 88th Avenue Holding LLC, Alex Killick, SVP for CW Capital Asset Management, by: Wells…
John Winslow
November 6, 2017Denver buyer goes to head of class with retail acquisition
Ventus Co LLC paid $5.3 million, just under $140 per square foot, for Lincoln Center, a 37,867-sf retail center at 2727 N. Cascade Ave.
Jolene Wollett
October 23, 2017Market Station promises ‘great energy’
The once-bustling Market Street Station will come rolling back to life with Continuum Partners beginning a $200 million redevelopment of the site at 16th and Market streets. The new Market Station, to be completed in summer 2019, will turn the former Regional Transportation District bus terminal on the 16th Street Mall into a mixed-use hub…
Kris Oppermann Stern
October 23, 2017Apartment sale sets off chain of Northern Colorado transactions
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Kris Oppermann Stern
October 23, 2017S’Park lights up with construction of office, multifamily buildings
S’Park is beginning to take shape at Boulder Junction with the approximately $100 million development of two key parcels. The development team led by Element Properties, The John Buck Co. and Kinship Capital kicked off construction of Market, a 50,000-square-foot, four-story office building where Upslope Brewing Co. will have a first-floor brewpub, and Timber, a…
Kris Oppermann Stern
October 23, 2017Buyer bags Aurora Valley Plaza center for $8.43 million
Valley Plaza was 100 percent leased at the time of sale to tenants including Petco, Payless Shoesource, GameStop, a dry cleaner and coffee shop, among others.
Jolene Wollett
October 21, 2017Northglenn shopping center sells to Connecticut investor for $48 million
Adams County Property Location: 10410-10450 Melody Drive, Northglenn, “Northglenn Marketplace” (Northwest corner of Interstate 25 & Melody Drive) Property Description: 439,063-sf shopping center, YOC 1999 & 2005 Land Size: 71.6 acres Sales Price: $48M, or $109.32 per sf Closing Date: 9/15 Grantor: HQ8 – 10410-10450 Melody Lane LLC by: LNR Partners, Steve Ferreira Grantee: MP…
John Winslow
October 13, 2017Cabela’s stores snapped up by Phoenix REIT for $57.5 million
Douglas & Adams counties (See both sales) Property Location: 10670 Cabela Drive, Lone Tree Property Description: 103,788-sf single-tenant retail building, YOC 2014, masonry Land Size: 6.099 acres Sales Price: $31.64M, or $304.86 psf Reception No.: 2017066005 Closing Date: 9/27 Grantor: Cabelas Wholesale Inc., James A. Hagale, pres. Grantee: SPT Prairie 10670 CB Drive LLC Comments:…
John Winslow
October 11, 2017