Local investor acquires new 7-Eleven for $3.25M
Adams County Property Location: 5601 E. 136th Ave., Thornton Property Description: *3,000-sf convenience store with six dual-dispensing pump islands, YOC 2016, masonry construction Land Size: 1.287 acres Sales Price: $3.25M, or $1,083.33 psf Reception No.: 20160000102158 Closing Date: 11/22 Grantor: BTS Holly SE LLC, Cadence Capital Investments, Greg Ham, mgr. Grantee: Morsam Properties LLC, Doug Moreland, mgr. Comments:…
John Winslow
December 1, 2016Arvada retail center sold to investor for $226 per square foot
Jefferson County Property Location: 15530 W. 64th Ave., Arvada, “Westwood Shopping Center” Property Description: 83,120-sf shopping center, YOC 2007, masonry construction Land Size: 6.59 acres Sales Price: $18.85M, or $226.77 psf Reception No.: 2016115522 Closing Date: 10/29 Grantor: Rocky Mountain Capital Group LLC, Halston Mikail, mgr., 9937 Jefferson Blvd, Culver City, CA 90232 Grantee: GKT Westwoods…
John Winslow
November 23, 2016Revesco buys three-building portfolio in Olde Town Arvada
Denver-based Revesco Properties bought a trio of buildings in Olde Town Arvada for $6.55 million. The portfolio consists of: • 5773-5777 Olde Wadsworth Blvd., a 24,876-square-foot building on 18,729 sf of land. Tenants include a real estate sales office, attorney’s office, the Arvada Eggshell restaurant and retailers, with multifamily on the top floor. • 5707…
Kris Oppermann Stern
November 21, 2016Winslow Report 11-22-16
The Winslow Report, authored by John V. Winslow, is a compilation of transactions recently completed in Adams, Arapahoe, Boulder, Broomfield, Denver, Douglas and Jefferson counties. The information was gathered from county records and deemed to be reliable. Other sources of research include brochures and information verified by owners or listing/selling brokers. Winslow is president of Winslow…
John Winslow
November 21, 2016Aspen Grove sells for $82 million
When Aspen Grove opened its doors in November 2001, it was heralded as one of the first open-air “lifestyle” centers in the Denver area. The center, which was designed by Chicago-based Anthony Bellluschi Architects on 32.7 acres at 7301 S. Santa Fe Drive in Littleton, also was one of the first major retail developments near…
Kris Oppermann Stern
November 21, 2016Big O Tires operator acquires Grease Monkey headquarters
Arapahoe County Property Location: 7450 E. Progress Place, Greenwood Village, “Grease Monkey International Headquarters” Property Description: 14,300-sf, single-story office building, YOC 1968 Land Size: 1.96 acres Sales Price: $3M, or $202.70 psf Reception No.: D6125228 Closing Date: 10/28 Grantor: Progress Place Investments LLC, John B. Adams, CEO, 303-308-1660 Grantee: Leeds West Property Group LLC, Judd Shader,…
John Winslow
November 10, 2016Automotive group assembles 8.7 acres on Arapahoe Road corridor
Property Location: SWC E. Arapahoe Place & S. Blackhawk St., Centennial Property Description: Vacant land, proposed Bobby Rahal Auto Dealership Land Size: 8.7 acres Sales Price: $2.96M, or $7.90 psf Reception No.: D6126729 & D6111316 Closing Date: 11/3 & 9/30 Grantor: R&R LLC, Walid Maaliki, mgr., & Jordan-Arapahoe LLP, Jean Graham & Chris Wittenbrink, partners…
John Winslow
November 9, 2016High-quality Thornton retail building commands $1.85M
Adams County Property Location: 8651 Grant St., Thornton Property Description: 16,631-sf, two-story retail building, YOC 2002, masonry Land Size: 45,833 sf Sales Price: $1.85M, or $111.24 per sf Reception No.: 2016000092558 Closing Date: 10/28 Grantor: D and D Holdings LLC, Ryan Boykin, mgr. Grantee: Moreland Arizona Properties LLC, Doug Moreland, mgr. Comments: The property is the…
John Winslow
November 4, 2016Parker retail building trades for $2.82 million
Douglas County Property Location: 12332 Parker Road, Parker, “Advance Auto Retail” Property Description: 6,912-sf retail building, YOC 2016, stucco/masonry Land Size: 29,316 sf Sales Price: $2.82M, or $406.83 psf Reception No.: 2016077487 Closing Date: 10/27 Grantor: BTS Hess AA LLC, Gregory B. Ham, mgr. Grantee: Downey Places Ave LLC, Robert Ferguson, mgr., Huntington Beach, CA Comments:…
John Winslow
November 3, 2016Castle Rock thriving with new development
Most people know Castle Rock isn’t the sleepy bedroom community it used to be, but many people attending a recent commercial real estate event were amazed to hear Economic Development Council President and CEO Frank Gray detail the level of development going on in the town. Besides the 1 million-square-foot Promenade at Castle Rock underway…
Kris Oppermann Stern
October 31, 2016