Denver County Address or Location: 4437 W. 38th Ave., Denver, “Jameson’s Garage” Improvements: 8,154 net leasable sf, three-tenant commercial building, YOC 1900 (completely gutted and renovated in 2017) Land Size: 13,962 sf Date of Recording: 7/28 Reception No.: 2017106868 Price: $1.3M, or $183.16 psf Grantor: 4437 W. 38th Avenue LLC, Adam Fenton, mgr. Grantee: Jameson’s…

Broomfield County Address or Location: 5725 W. 120th Ave., Broomfield Improvements: Land lease Land Size: 40,393 sf Date of Recording: 7/27 Reception No.: 2017009652 Price: $1.64M Grantor: 5275 West 120th LLC by: Sidford Capital LLC, Bradley Brooks, mgr. Grantee: Castle Park Inc. Financing: Cash Comments: See file plat 2017000272 for Lot 1, Brunner Sub, Filing…

A private investor out of Colorado Springs purchased the property comprising 55,446 square feet and 21 retail suites, eight of which were vacant (45 percent) at the time of sale, at 8393-8533 Church Ranch Blvd. in Westminster. 

Denver County Property Location: 1551 S. Pearl St., Denver Property Description: 1,257-sf restaurant, YOC 1918 Land Size: 6,250 sf Sales Price: $1.3M, or $81.07 per sf Reception No.: 2017107439 Closing Date: 8/11 Grantor: 1551 South Pearl LLC, Patrick David Finney, mgr., 303-999-0187 Grantee: Toshihiro Kizaki Comments: This was originally planned as a redevelopment transaction as…

Adams County Property Location: 189 S. 50th Ave., Brighton, “The Learning Experience” Property Description: 10,000-sf day care, YOC 2017, Land Size: 1.38 acres Sales Price: $3.64M, or $364.28 per sf Reception No.: 65967 2017 Closing Date: 7/28 Grantor: Big Black Dog LLC, Ben R. Doud, mgr. Grantee: Prentice Ave Apartments LLC, Dino Katsoulas, mgr. Financing:…

Clickbait. The clock is ticking on an online auction to buy 59 acres of high-profile, transit-oriented development land being sold by Uncle Sam. Sort of. The GSA is auctioning this prime site in Lakewood online, but the auction faces some headwinds. The current deadline for the auction for the land in the Denver Federal Center…

The buyer paid $11 million, or $67.31 per sf, for Willow Creek Shopping Center, a 163,412-sf value-add retail center at the northeast corner of South Quebec Street and County Line Road in Centennial. 

Steve Ferris, Founder and principal, Real Estate Garage, Denver This the fourth in the series on Denver’s “whale sites,” defined as extremely prominent and underdeveloped land parcels whose size and location will define Denver’s future growth and development. Examples include the Burnham Yard, the former Denver Post Printing Site, Elitch Gardens, the Broadway Station Area…

The buyer purchased Woodmen Plaza, a 6,502-square-foot multitenant retail building at a cap rate of around 5.75 percent – the lowest cap rate for a stabilized multitenant retail property in Colorado Springs.

Majority of shoppers are budgeting $250 or less for the back-to-school shopping season and plan to shop at one to two stores.