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, 2017South Broadway retail building in Denver sells for $1.55 million
Denver County Property Location: 114-120 S. Broadway, Denver Property Description: 5,450-sf strip center YOC 1933, brick Land Size: 7,812 sf Sales Price: $1.55M, or $284.40 per sf Reception No.: 2017125447 Closing Date: 9/22 Grantor: 114-120 LLC., E.V. Kazazian, mgr., formerly of Denver, now Rancho Mirage, CA Grantee: S. Broadway Investment LLC, Judy Gaines, mgr. Financing:…
John Winslow
October 5, 2017Trammell Crow fetches Village at Forest Trace strip center for $8.9 million
Arapahoe County Property Location: 23870-90 E. Smoky Hill Road, Aurora, “Village of Forest Trace” Property Description: 16,506-sf retail center (two buildings), YOC 2016 Land Size: 1.9 acres Sales Price: $8.9M, or $539.20 per sf Reception No.: D7105471 Closing Date: 9/15 Grantor: Forest Trace Holdings LLC, Marc Cooper, mgr. Grantee: CH Retail Fund II Denver Forest…
John Winslow
October 4, 2017Maryland developer acquires site in southeast Aurora
Arapahoe County Property Location: SWS Smoky Hill Rd, ¼ mile southeast of E-470, Aurora Property Description: Vacant land, plans to build 3,927-square-foot branch bank Land Size: 1.156 acres Sales Price: $2.95M, or $58.58 per sf Closing Date: 9/20 Grantor: Forest Trace Development Inc., Richard Frank, mgr. Grantee: Chelini 1031 B of A COL LLC, James…
John Winslow
October 2, 2017Commerce City day care facility acquired on 7% cap
Adams County Address or Location: 15000 E. 104th Ave., Commerce City, “Prestige Academy” Improvements: 10,600-sf day care center, YOC 2017, masonry Land Size: 1.46 acres Date of Recording: 8/29 Reception No. 2017000075616 Price: $5.14M, or $485.18 psf Grantor: Brewer Envoy Commerce City LLC, by Triple Net Service Company LLC, Ralph N. Cram & Brewer Development…
John Winslow
September 22, 2017South Castle Rock to see major development
Douglas County Address or Location: Vicinity of NWC Plum Creek Pkwy. & Interstate 25 Improvements: Vacant land Land Size: 63.585 acres Date of Recording: 8/29 Reception No. 2017060222 & 201759524 Price: $8.8M, or $3.18 psf Grantor: Walker R. Stapleton, Trust for Stapleton 2011 Family Trust, et al., Fenway Partners LLC, John V. Saeman III, mgr. Grantee:…
John Winslow
September 21, 2017Meridian bike sharing launched
Bill Pauls once casually mentioned to me that soon after he bought the sprawling Meridian International Business Center in Douglas Count, he wondered if he had made a mistake. Pauls, now head of the Pauls Corp., bought Meridian just in time to watch the local economy crash with falling energy prices, putting on hold the…
Kris Oppermann Stern
September 20, 2017NexGen acquires property at heart of future ‘downtown’
The center features a mix of regional and national tenants, including Great Clips, GNC, O’Reilly Auto Parts and Marco’s Pizza. Broomfield Marketplace is anchored by a former Safeway grocery store, now owned by the city and county of Broomfield.
Jolene Wollett
September 17, 2017Safeway Cherry Creek to close, host new tenants
After more than a half century in the heart of the Cherry Creek neighborhood, the Safeway next to the Cherry Creek Shopping Center will be closing its doors by the first week of January, officials announced today. The 51-year-old Safeway with approximately 50,000 square feet at 3100 E. First Ave., has been notified by the Taubman…
Kris Oppermann Stern
September 15, 2017Scottsdale developer flips former FirstBank in Aurora for $1.5 million profit
Arapahoe County Address or Location: 7460 S. Gartrell Rd, Aurora Improvements: 4,452 medical building YOC 2006 (renovated in 2017) Land Size: 1.1 acres Date of Recording: 8/10 Reception No.: B7091255 Price: $2.74M or $615.45 psf Grantor: Cathedral Canyon Investments LLC, Brenton Smith, mgr. Grantee: Greg Grinter (Edwardsville IL) 618-656-6875 Financing: Cash Comments: The APN is…
John Winslow
September 15, 2017