Westside Investment Partners acquire 253-acre site at E-470 & E. 112th Ave.

Adams County

Property Location: NEC & NWC E-470 & E. 112^th Ave.; NWC E-470 & E. 112^th, also fronts NEC E. 112^th Ave. & Tower Road, Commerce City

Property Description: Vacant land

Land Size: 253 acres

Sales Price: $2.4M, or $9,500 per acre

Reception No: 2018000014899

Closing Date: 2/16/18

Grantor: SW Chambers LLC, et. al

Grantee: Tower Eastside LLC, Andrew Klein, mgr., 303-984-9800

Comments: The PUD calls for 30 acres of commercial land, 360 units of high-density residential and 572 units of single-family units. The property was listed and sold by Jim Capecelatro and Mike Kboudi of Cushman & Wakefield.

Comp of the Day is provided by John V. Winslow, president of Winslow Property Consultants. Winslow has more than 40 years’ experience in commercial real estate. He can be reached at 720-612-7878 or Colprop2012@gmail.com.