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Northglenn 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, 2017
Comp of the Day handshake image

Westminster 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, 2017

Denver 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, 2017
Market Station

Market 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, 2017
Atrium Suites

Apartment sale sets off chain of Northern Colorado transactions

This post is only available to subscribers of the the Colorado Real Estate Journal. If you have a subscription, please log in to view this post. If you do not […]

Kris Oppermann Stern

October 23, 2017
Market

S’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, 2017

Buyer 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, 2017
Comp of the Day handshake image

Northglenn 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, 2017
Comp of the Day handshake image

Cabela’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
Sherman Village II

Price for Sherman Village II in Longmont rings up at $7.4M

This post is only available to subscribers of the the Colorado Real Estate Journal. If you have a subscription, please log in to view this post. If you do not […]

Kris Oppermann Stern

October 8, 2017