Retail center in Castle Rock Promenade sells for $7 million
Douglas County Property Location: 4991 Factory Shops Blvd., Castle Rock Property Description: 11,368-sf retail center, YOC 2016 Land Size: 1.44 acres Sales Price: $7M, or $615.76 psf Reception No.: 2017033617 Grantor: White Fir LLC by: Alberta Development, Donald Provost, mgr. Grantee: 4991 Factory Shops Blvd., LLC Closing Date: 5/19 Financing: $6.16M payable to Umpqua Bank (85% LTV) Comments:…
John Winslow
June 16, 2017Southwest Denver commercial property sells for $1.93 million
Denver County Property Location: 4320 Morrison Road, Denver Property Description: 12,722-sf commercial building, YOC 1951 Land Size: 2.47 acres Sales Price: $1.94M, or $18 psf (land value) Reception No.: 2017069848 Grantor: 4320 Morrison LLC, Laura A. White, mgr. Grantee: Morrison Center LLC, Andrew Toole & Jerome Wiencek, mgrs. Closing Date: 5/26 Financing: $1.43M payable to Alpine Bank, due…
John Winslow
June 7, 2017Central Park Station One kicks off new Stapleton TOD
Forest City Realty Trust will launch a 4 million-square-foot mixed-use development at Central Park Station next spring. The development will include Central Park Station One, a 190,000-square-foot Class AA mixed-use office building, as well as a 300-unit apartment community, a 120-unit condominium project and 60,000 sf of retail space, all integrated around an expansive public plaza. Forest…
CREJ
June 6, 2017Greenbriar Plaza Shopping Center fetches $12 million
Shanghai Land Investments LLC paid $12 million, or $120.33 per square foot, for the Greenbriar Plaza Shopping Center.
Jolene Wollett
June 4, 2017Denver Swim School splashes a 7 percent return for Boulder investors
Denver County Property Location: 4151 E. Colfax Ave., Denver, “Safe Splash Swim School” Property Description: 6,513-sf retail building, YOC 1993, masonry Land Size: 39,693 sf Sales Price: $2.85M, or $437.59 psf Reception No.: 2017069867 Grantor: 4151 Denver LLC, Matt Lane, director Grantee: Dwellings LLC & Mile High Real Estate Enterprises LLC, Tom Jacky, Doug Campbell & Matt…
John Winslow
June 1, 2017Good Times Burger acquires Brighton restaurant for $668 per square foot
Adams County Property Location: 550 E. Bromley Lane, Brighton Property Description: 1,797-sf fast-food restaurant, YOC 2000 Land Size: 30,492 sf Sales Price: $1.2M, or $667.78 psf Reception No.: 38414 2017 Grantor: PNC Bank – Walter R. Morris IRA Trust Grantee: Good Times Drive Thru Inc. Closing Date: 4/28 Financing: Cash Comments: Listed by Drew Isaac & Brian Bailey…
John Winslow
May 29, 2017Greenbriar Plaza Shopping Center sells for $12 million
Denver County Property Location: 7141-7181 Pecos St., Denver, “Greenbriar Plaza Shopping Center” Property Description: 99,729-sf shopping center, YOC 1957, renovated in 1992 Land Size: 9.66 acres Sales Price: $12M, or $120.33 psf Reception No.: 37844 2017 Grantor: JSW Greenbriar Plaza LLC c/o Sessions Group LLC, Scott Tiano, pres. Grantee: Shanghai Land Investments LLC, Woon Ki Lau &…
John Winslow
May 26, 2017Greenwood Village day care facility sells for $161.24 per square foot
Arapahoe County Property Location: 6625 S. Dayton St., Greenwood Village Property Description: 6,016-sf day care center, YOC 1986, wood siding Land Size: 24,177 sf Sales Price: $970,000, or $161.24 sf Reception No.: 2017053266 Grantor: Realty Income Corp., Robin L. Brockett, mgr. Grantee: 6625 S Dayton St LLC, Sobia Khan, mgr. Closing Date: 4/20 Financing: $776,000 payable to…
John Winslow
May 22, 2017Adams County on a roll
Adams County is on a roll. An unnamed company is expected to announce later this year that it will bring a record 3,500 to jobs to Adams County. To put that in perspective, the most jobs ever announced in one year in Adams County took place just before the Great Recession hit. And that was…
Kris Oppermann Stern
May 18, 2017Target to open first-of-its-kind store in Colorado in 2018
The 28,000-square-foot store format is the first-of-its-kind to open in Colorado.
CREJ
May 17, 2017