Developers plan to break ground on The Aurora Highlands
An investment group called Aurora Highlands LLC plans to begin developing The Aurora Highlands, a 2,900-acre mixed-use, master-planned community in 2017, pending final approval and support from the city of Aurora and Adams County. The community will be an integral piece of the larger 21,000-acre Aerotropolis development currently being planned south of Denver International Airport.…
CREJ
March 15, 2017Denver Tech Center office sells to AAA of Colorado for $11.8 million
Arapahoe County Property Location: 6061 S. Willow Dr., Greenwood Village, “Atrium 1” Property Description:136,592-sf, three-story office building, YOC 1980, masonry construction Land Size: 6.406 acres Sales Price: $11.8M, or $86.39 per sf Reception No.: D7021888 Grantor: St. Paul Fire and Marine Insurance Company, R. William Inserra, VP Grantee: EPC Holdings 896 LLC c/o AAA Colorado Inc., Linda…
John Winslow
March 15, 2017Denver investor acquires Lakewood retail center for $8.4 million
Jefferson County Property Location: 650-670 S. Wadsworth Blvd., Lakewood, “Office Depot” Property Description: 20,689-sf shopping center & 25,845-sf single-tenant building, YOC 1995, masonry construction (total 46,534 sf) Land Size: 90910 & 93351 Sales Price: $8.4M, or $180.51 psf Reception No.: 2017014488 Grantor: Rebuild LA-Lakewood LLC, Martin A. Ensbury, 310-880-0132, or martin@theEnsburyGroup. (provigil) com Grantee: LOCSAW Venture LLC, Erik…
John Winslow
March 14, 2017Prime retail center sells for $588 per square foot in Aurora
Adams County Property Location: 23903 E. Prospect Ave., Aurora Property Description: 12,700 sf strip center, YOC 2005, brick Land Size: 1.62 acres Sales Price: $7.468M, or $588.03 psf Reception No.: 2017009698 Grantor: BLC-II, Michael S. Mikolich, mgr., 321 Hartz Ave., No. 200, Danville, CA Grantee: Southlands HV1 LLC, Philip E. Lebherz, mgr., LISI Inc., 866-570-5474, 1600 W. Hillsdale…
John Winslow
March 13, 2017Lone Tree Commons trades for $11.13M
GKT Lone Tree Commons LLC, an entity of the Kroenke Group, purchased Lone Tree Commons.
Jolene Wollett
March 12, 2017Denver developer spends $37.20 per sf for key retail site in Littleton
Arapahoe County Property Location: SEC Broadway & E. Littleton Blvd. Property Description: existing 25,000-sf auto dealership Land Size: 3.51 acres Sales Price: $5M, or $37.20 per sf Reception No.: B7019226 Grantor: Arapahoe Motors Inc., 303-730-1300 Grantee: Drake Littleton Partners LLC, Jon Power, mgr., 303-951-7301 Closing Date: 2/15 Comments: Stew Mosko & Ray Rosado of Cushman & Wakefield handled…
John Winslow
March 8, 2017King Soopers acquires 22 acres for Candelas store
Jefferson County Property Location: SWC W. 91st Place & Indiana St.; NWC Candelas Parkway & Indiana Street, Arvada Property Description: Vacant land Land Size: 22.145 acres Sales Price: $2.17M, or $2.25 per sf Reception No.: 2017020812 Grantor: Cimarron Development Company, Gregg A. Bradbury, Charles C. McKay & Jeffrey Nading, mgrs., 303-469-1873 Grantee: Dillon Companies Inc., c/o…
John Winslow
March 3, 2017CBRE: Online sales translate to industrial space demand
CBRE Research estimate the amount of logistics space needed to accommodate rising e-commerce sales is 1.25 million per $1 billion of online sales.[vc_column width="1/3"][vc_column width="1/3"]
CREJ
February 28, 2017Schroeppel addresses urban issues
Denver seems to be getting a bad rap for new ugly buildings.
Kris Oppermann Stern
February 28, 2017Boulder Cork owner buys building for $2.2 million
Boulder County Property Location: 3295 30th St., Boulder, “Boulder Cork Restaurant” Property Description: 6,775-sf restaurant building, YOC 1969, brick Land Size: 41,129 sf Sales Price: $2.2M, or $324.72 psf Reception No.: 03573020 Grantor: Ava Evans Trust, Douglas Evans, Trustee Grantee: Boulder Steak LLC, Alan A. Teran, mgr. Closing Date: 2/1 Financing: $1.18M @ 4.75% payable to seller Comments: See…
John Winslow
February 27, 2017