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JLL: Families keep back-to-school shopping simple

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

CREJ

August 9, 2017
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Freestanding building on Broadway sells for $300 per square foot

Denver County Address or Location: 333 Broadway, Denver Improvements: 3,200-sf, freestanding retail building, YOC 1965, stone Land Size: 12,587 sf Date of Recording: 7/21 Reception No.: 2017096709 Price: $960,000, or $300 psf Grantor: 7-Eleven Inc., Irving, TX 75063 Grantee: 1509 Lofts LLC, Hamid David Motorjemi, mgr. Financing: Cash Comments: See APN: 05102-17-010, zoned U-MS-5. This…

John Winslow

August 8, 2017
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Wall Development acquires northeast Denver site for Sherwin-Williams store

Denver County Address or Location: Northwest corner Tower Road & E. 46th Ave., Denver Improvements: Vacant land Land Size: 34,134 sf Date of Recording: 7/13 Reception No. 2017092220 Price: $700,000, or $20.43 psf Grantor: C.P. Bedrock LLC by Tickly Bender Dev LLC, Christopher Flagg, VP Grantee: WDG Tower c/o Wall Development Group, James D. Wall,…

John Winslow

July 28, 2017
water

Water conservation key to Sterling Ranch

Water. While much has been written about affordable housing and the acute labor shortage, as pressing as these problems are, they take a backseat to water. Without water, development and growth in a semi-arid region like the Front Range, grinds to a halt. But water, like the ever-changing weather in Colorado, seems to be something…

Kris Oppermann Stern

July 26, 2017
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California family trust acquires Castle Rock shopping center for $1.93M

Douglas County Address or Location: 611 Wilcox St., Denver Improvements: 9,035-sf, two-story office-retail building YOC 1999 Land Size: 11,986 Date of Recording: 6/30 Reception No. 2017045190 Price: $1.93M, or $213.06 psf Grantor: Victorian Center LLC, Toni Hesse, mgr. Grantee: Steve and Loretta Scheenstra Trust, 5311 Avenue 272, Visalia, CA 93277 Financing: $962,500 payable to ANB…

John Winslow

July 24, 2017
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Dallas developer acquires site in northwest Denver for $1 million

Denver County Address or Location: 3930 W. 38th Ave., Denver Improvements: land value Land Size: 11,986 sf Date of Recording: 7/7 Reception No. D7077087 Price: $1M, or $83.43 psf (land value) Grantor: Sonrisa Holdings LLC, Eugene R. Lucero, mgr. Grantee: LG Perry 38th Highlands LLC c/o Leon Capital Group, 214-865-8082 Financing: Cash Comments: The APN…

John Winslow

July 21, 2017
Murphy

Murphy retires from Continuum

Daniel Murphy is calling it quits after almost a half-century in the commercial real estate world. “It is kind of bitter sweet, as you can imagine,” Murphy, a senior principal of Denver-based Continuum Partners told me on Monday afternoon. “I turned 70 in May. It is just time. It is just time.” Dan Murphy, second…

Kris Oppermann Stern

July 18, 2017

Calif. buyer makes return to market with Erindale buy

Erindale Square is a 103,571-square-foot multitenant shopping center at 5881-5975 N. Academy Blvd.

Jolene Wollett

July 17, 2017
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Santa Fe retail building changes hands

Denver County Address or Location: 840 Santa Fe Drive, Denver Improvements: 1,613-sf retail building, YOC 1913 (renovated 2008), brick Land Size: 2,625 sf Date of Recording: 7/12 Reception No. 55996 Price: $515,000 Grantor: Wood Real Estate Holding LLC, Jason Wood, mgr. Grantee: Apex Real Estate Solutions LLC, Austin Peterson, mgr., 720-495-3516, 446 Sheridan Blvd., Denver…

John Winslow

July 17, 2017

Sprouts coming to Stapleton TOD

Sprouts Farmers Market signed a 30,000-square-foot lease at the recently announced 4 million-sf Central Park Station being developed by Forest City Stapleton Inc.

Jolene Wollett

July 16, 2017