Page 18AA —
COLORADO REAL ESTATE JOURNAL
— December 17, 2014-January 6, 2015
WinComps
Arapahoe County
Property Location
: 8350 E. Crescent Ave.,
Greenwood Village, “Crescent VIII”
Property Description
: 82,320-sf, 4-story
office building, YOC 1996; 119,934-sf park-
ing structure, concrete reinforced, YOC
1982
Land Size
: 6.72 acres
Sales Price
: $17.25M, or $136.69 per sf
Closing Date
: 11/3
Grantor
: KBSII Crescent VIII, LLC c/o
KBS Capital Advisors (Charles J. Schreiber
Jr., CEO), 620 Newport Center Drive, Ste.
1300, Newport Beach, CA 92660, 949-417-
6500
Grantee
: American National Insurance
Co., 2525 S. Shore Blvd., Ste. 207, League
City, TX 77573
Land-to-Building Ratio
: 1.71: 1
Financing
: $21Mpayable toACRC Lender
LLC c/o Ares Commercial Real Estate
Comments
: There is a 19-stall subterra-
nean structure plus 310 surface spaces (46
of which are protected under detached
carport structures).
Property Location
: 7025 S. Revere Pkwy.,
Centennial
Property Description
: 59,270-sf ware-
house (Revere Distribution Center), with
40% finished office space, concrete panel,
YOC 1997
Land Size
: 4.19 acres
Sales Price
: $6.15M, or $103.72 per sf
Closing Date
: 11/20
Grantor
: GCCFC 2005-GG5 South Revere
Industrial c/o LNR Partners LLC, 1601
Washington Ave., Ste. 700, Miami Beach,
FL 33139
Grantee
: Exeter 7025 South Revere LLC,
140 West Germantown Pike, Ste. 150,
Plymouth Meeting, PA 19462
Comments
: Property was listed by Tran-
swestern and had a starting bid of $1.8M.
There are 114 surface parking spaces.
County assessor shows 61,668 sf. A public
trustee’s deed was recorded 8/15/2012
Property Location
: 4747 S. Santa Fe,
Englewood, “AWorld of Tile Building”
Property Description
: 13,978-sf retail
building, YOC 1997
Land Size
: 43,193 sf
Sales Price
: $2.25M, or $160.97 per sf
Closing Date
: 11/21
Land-to-Building Ratio
: 3.09:1
Grantor
: Lonmen and Maloney LLC
(Larry E. Lonmen, mgr.)
Grantee
: ACP WOT LLC 4950 S. Yosem-
ite St., F2 #112, Greenwood Village, CO
80111 c/o JDC Holdings LLC (James D.
Cochran, mgr.)
Financing
: $4.65M (encumbers 3 prop-
erties) due December 2017, payable to
Standard Insurance Co., 19225 NW Tanas-
bourne Drive, Hillsboro, OR 97124
Comments
: Single-tenant building, other
properties encumbered include 5740 E.
County Line Place, which sold for $2.55M,
or $149.53 per sf, inHighlands Ranch; 6121
N. Academy Blvd., Colorado Springs,
which sold for $1.1M and contains 18,080
sf, including main ground-level leased to
A World of Tile since 2002 and the lower
level is leased as warehouse space to a
tire distributor. This property was part of
a $5.9M package of three buildings that
totaled a 10.26% going-in cap rate.
Property Location
: 501 W. HampdenAve.
(NWC Elati St. &W. Hampden Ave.)
Property Description
: 7,690-sf bank build-
ing, 24 parking spaces, YOC 1968
Land Size
: 22,521 sf
Sales Price
: $1.7M, or $221.07 per sf
(improvements or $75.49 per sf land value)
Closing Date
: 11/20
Grantor
: Bank of the West, merger to
Republic National Bank of Englewood,
180 Montgomery St., 22nd floor, San Fran-
cisco, CA 94104, attn: John Thomason,
EVP
Grantee
: Drake 501 West Hampden Part-
ners c/o Drake Real Estate Services Inc.,
496 S. Broadway, Denver CO 80209, attn:
Jonathan W. Power
Financing
: $2.79M payable to Citywide
Banks, Aurora, CO*
Comments
: Loan officers were Rob Cros-
by and Brian Hickey at Citywide Bank,
10637 E. Briarwood Circle, Englewood,
CO 80112 (construction loan). Listing bro-
kers were Frank Griffin, 303-260-4345, and
Roger Simpson, 303-260-4366, of New-
mark Grubb Knight Frank.
Property Location
: 3420 S. Tower Road,
Aurora
Property Description
: 2,100-sf, 3-bay auto
express lube, block/brick, YOC 1998
Land Size
: 37,468 sf
Sales Price
: $975,000, or $26.02 per sf (land
value)
Closing Date
: 11/13
Grantor
: Donavon D. Leeder Inc.
Grantee
: EVC SouthAurora LLC 3501 SW
Fairlawn, Ste. 200, Topeka, KS 66614
Financing
: $4.33Mdue 6/1/16, payable to
CoreFirst Bank & Trust
Comments
: Buyer is Equity Ventures
Commercial Development, Mark McPher-
son, 720-520-5190 or 785-925-1027.
Property Location
: 3440 S. Tower Road,
Aurora
Property Description
: 2,100-sf, 3 bay auto
express lube, block/brick, YOC 1998
Land Size
: 20,463 sf
Sales Price
: $750,000, or $36.65 per sf
Closing Date
: 11/24
Grantor
: Edward J. Cuce Inc.
Grantee
: EVC SouthAurora LLC 3501 SW
Fairlawn, Ste. 200, Topeka, KS 66614
Financing
: $4.37Mdue 6/1/16, payable to
CoreFirst Bank & Trust
Comments
: Buyer is Equity Ventures
Commercial Development, Mark McPher-
son, 720-520-5190 or 785-925-1027. Grantee
is planning to build a Vitamin Cottage
retail grocery store on this site and part of
the adjoining site.
Adams County
Property Location
: 14770 Orchard Road,
Westminster, “Arbour Square”
Property Description
: 300-unit, 4-story,
310,829-sf (net rentable) apt. complex,
YOC 2011; plus 102,922-sf parking garages
Land Size
: 6.65 acres
Sales Price
: $65.25M, or $217,500 per unit,
or $223.43 per sf
Closing Date
: 11/25
Grantor
: OTC MF LLC (McWhinney Real
Estate Services, Chad McWhinney, CEO,
and Julie Den Herder, COO) 720-360-4700
Grantee
: Westminster Multifamily DST
(Joseph E. Binder, VP – Acquisitions, and
Mark J. Cosenza, 630-218-4946 c/o Inland
Real Estate Acquisitions Inc.)
Financing
: Buyer executed $35.78M pay-
able to PNC Bank
Units per acre
: 45.1 per acre
Comments
: There are studios @ 509 sf;
1-bed/1-bath @ 638 to 840 sf; and 2-bed/2-
bath @ 900 to 1,213 sf. Listing broker was
Chad McWhinney of McWhinney Real
Estate Services Inc.
Property Location
: 7243-7353-7387 Fed-
eral Blvd., “Westminster Plaza”
Property Description
: 97,013-sf Safeway-
anchored shopping center, YOC 1999
Land Size
: 13.72 acres
Sales Price
: $12.7M, or $130.91 per sf
Closing Date
: 11/18
Grantor
: WRI/Miller Westminster I LLC
Grantee
: Suso 4 Westminster LP c/o Slate
Retail REIT, Thomas Farley, Chairman
416-644-4264, Toronto, Ontario, Canada
Land-to-Building Ratio
: 6.16: 1
Comments
: Safeway store contains 57,116
sf and was constructed in 1999; it is situat-
ed on 5.81 acres. Additional space consists
of 29,025 sf, YOC 1999; 5,782-sf O'Reilly’s
Auto Parts freestanding store, YOC 1989;
and 5,090-sf strip center, YOC 1999. All
situated on 7.9 acres.
Property Location
: 1485 E. 61st Ave., Den-
ver
Property Description
: 189,210-sf ware-
house, 24’ clear, 16 dock-high loading
doors, cooler and freezer, YOC 1969
Land Size
: 13.81 acres
Sales Price
: $10M, or $52.85 per sf
Closing Date
: 11/3
Grantor
: JKL Land Holding LLC (Ken-
neth C. Landers, mgr.)
Grantee
: CO14 Denver LLC c/o Glad-
stone Commercial Corp, 1521 Westbranch
Drive, Ste. 100, McLean, VA 22102, 703-
287-5853, Robert Cutlip Jr., and Andrew
White, director
Land-to-Building Ratio
: 3.18: 1
Comments
: Property was fully leased
through December 2024 to Premium
Pet Health LLC, a division of Smithfield
Foods. The property is a manufacturer
and distribution center for the company.
Tyler Carner, et al., CBRE, brokered the
transaction.
Property Location
: 1 Hunter Douglas Cir-
cle, Thornton
Property Description
: 116,363-sf Industri-
al flex space, 5 dock-high doors, (18,000-sf
office space on two floors), backup genera-
tor, YOC 2003
Land Size
: 10.45 acres
Sales Price
: $7.15M, or $61.45 per sf
Closing Date
: 10/29
Grantor
: Hunter Douglas Specialty Prod-
ucts Inc. (Richard C. Gottuso, VP)
Grantee
: National Energy Services and
Investments, 1275W. 124thAve., Westmin-
ster, CO 80234, attn: Orville Fleming and
Albert Fisher, 303-428-6969
Land-to-Building Ratio
: 3.18: 1
Financing
: $6.9M payable to Vectra Bank
Colorado, NA, due 10/27/19
Comments
: Company is based out of
Thornton and was founded in 1975. It is
also referred to as Northern Electric Inc.
Property was listed by Chad Kollar, Bill
Baldwin and John Brady of Cresa Inc., 303-
228-0800 or
.
Property Location
: 16565 E. 33rd Dr.,
Aurora
Property Description
: 28,000-sf auto deal-
ership, YOC 2000
Land Size
: 2.94 acres
Sales Price
: $4.9M, or $175 per sf
Closing Date
: 10/29
Grantor
: R-Koop Investments LLC (Ray
Cooper, mgr.) Mile High Harley-Davidson
Grantee
: CAR BIS CO AURA LLC 8270
Greensboro Drive, Ste. 950, McLean, VA
22102
Land-to-Building Ratio
: 4.57: 1
Comments
: Willie Beck is director of
acquisitions and can be reached at 703-
394-1323 or wbeck@capitalautomotive.
com. The buyer typically does a sale-
leasebackwith the dealer on site. Seller can
be reached at 303-343-3300.
Property Location
: 6425 N. Washington
St., Denver
Property Description
: 81,120-sf multiten-
ant warehouse, fractured-block const.,
drive-in doors (10’ x 14’), YOC 1983
Land Size
: 4.04 acres
Sales Price
: $4.85M, or $59.79 per sf
Closing Date
: 10/24
Grantor
: NewN. Washington LLC (Chris-
topher P. King, mgr.) 303-796-8288
Grantee
: Denver North Washington LLC,
51 University Ave., Ste. G, Los Gatos, CA
95030, c/o Glen Una Management Co.
(Kenneth Levy, mgr.) 415-503-4048
Financing
: $3.62M (74.5% LTV) payable to
Jefferies Loancore LLC
Land-to-Building Ratio
: 2.17: 1
Comments
: Justin Lutgen, 720-528-3349,
is director of acquisitions for the seller,
. Property
was listed for sale by T.J. Smith and Dave
Hazlett of Colliers International, 303-745-
5800. 3,500 sf was listed for lease (as per
last brochure) for $4.85 per sf NNN with
CAM charge of $1.85 per sf.
Property Location
: East side & West side
of Quebec St., South side of Prairie Pkwy.,
West side of Syracuse St., East side of Tren-
ton St., North side of E. 60th Ave., West
side of Victory Way
Property Description
: Vacant land
Land Size
: 269.04 acres
Sales Price
: $4.31M, or $16,000 per acre
Closing Date
: 11/3
Grantor
: City of Commerce City, Colo.,
attn: Sean Ford, mayor
Grantee
: Kroenke CC Properties, attn:
Mark Lucas, mgr., 1000 Chopper Circle,
Denver, CO 80204
Comments
: In two separate sections in
Adams County, annexed to Commerce
City
Property Location
: 13671 Colorado Blvd.,
Thornton
Property Description
: 6,497-sf retail store,
masonry/stucco const., YOC 2007
Land Size
: 37,601 sf
Sales Price
: $2.8M, or $430.97 per sf
Closing Date
: 11/4
Grantor
: Dominion Properties LLC (Faus-
to and Johnny Saurini, mgrs.)
Grantee
: KKEAdventures LLC, 194 Rock-
ridge Drive, Durango, CO 81301, Alexan-
der McLean, mgr., 970-259-7853
Land-to-Building Ratio
: 5.79: 1
Comments
: Property was listed by Louis
Lee of Dunton Commercial, 720-382-7326.
Property is a two-tenant with drive-up
window, Starbucks as the anchor tenant
andAT&T as the other tenant. The proper-
ty sold on a 7.3% going-in cap rate. There
are 30 parking spaces. Adams County
shows building to be 6,644 sf.
Property Location
: NEC E. 88th Ave. &
Colorado Blvd. (8820 Colorado Blvd.),
Thornton
Property Description
: 3,200-sf conve-
nience store (7-Eleven), masonry, YOC
2009
Land Size
: 0.88 acres
Sales Price
: $2.55M, or $795.41 per sf
Closing Date
: 11/4
Grantor
: Beckering Medical LLC (Calvin
J. Van Essen, pres.)
Grantee
: CPI Thornton LLC, Stuart Alpert
235 Moore St., Hackensack, NJ 07601
Financing
: $1.91M (75% LTV) payable to
Pascack Community Bank, 64 Crescent
Ave., Waldwick, NJ 075463
Comments
: Buyer is a New Jersey LLC,
SPCAssociates LLC.
Property Location
: 13800 E. Moncrieff Pl.
Property Description
: 23,368-sf office/
warehouse, 5 dock-high doors, 2 drive-in
doors, sprinkled, 28’ ceiling height clear-
ance, YOC 1984
Land Size
: 2.38 acres
Sales Price
: $2.5M, or $106.98 per sf
Closing Date
: 11/17
Grantor
: Ponderosa Land & Investments
LLC (Robert L Eckhardt, mgr.)
Grantee
: Robo LLC (Bruce Douglass,
mgr.) 13800 E. Moncrieff Place, Aurora,
CO 80111
Comments
: Formerly occupied by All
American Moving Services of Aurora, the
property will be used by the purchas-
er. Tom Myers and Brandon Paxton of
Unique Properties negotiated the sale of
this property. Property will be used for
marijuana purposes.
Property Location
: 1111 W. 120th Ave.,
Westminster
Property Description
: 5,000-sf restaurant,
stucco const., YOC 2004
Land Size
: 1.49 acres
Sales Price
: $2.46M, or $492 per sf
Closing Date
: 11/7
Grantor
: Philip S. Yutan and Geok Wa
Yutan, Trustees of Phillip S. Yutan and
Geok Wa Yutan 1975 Family Trust
Grantee
: Advantage II Incorporated LLC,
1816 Seashell Court, Windsor, CO 80550-
3564, attn: Dr. Scott K. Dhupar, mgr. 970-
353-5959
Comments
: Hooters restaurant based
on a NNN investment reflecting a 6.18%
going-in cap rate. 10-year lease. The list-
ing brokers representing the seller were
Mark Pyms of Re/Max, 303-504-3434, and
David Yashar of Los Angeles, 310-724-
8043.
Property Location
: 3076 W. 71st Way,
Westminster, “Garden Grove Apts.”
Property Description
: 36-unit, garden-
level apartments, 27,360 sf, YOC 1962
Land Size
: 1.05 acres
Sales Price
: $2.18M, or $60,417 per unit, or
$79.50 per sf
Closing Date
: 11/18
Grantor
: Tomas Simental and Margarita
Simental
Grantee
: Front Range Holdings LLP (Car-
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