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Page 14AA —

COLORADO REAL ESTATE JOURNAL

— January 21-February 3, 2015

Wincomps

Adams County

Property Location

: 17010 E. 88th Ave.,

Commerce City

Property Description

: 800-sf house, YOC

1949 w/improvements (land value)

Land Size

: 295 acres

Sales Price

: $3.66M, or $12,416 per acre

Closing Date

: 11/20

Grantor

: C Larson Family Farms Inc. and

Buffalo Highlands LLC (Larry F. Luptrell),

303-355-7706, c/o Hastings Pork

Grantee

: Stratus Buffalo Highlands LLC

(The Richard & Reagan Dean Family Part-

nership)

Comments

: Property is located at theNEC

of Picadilly Street and East 88th Avenue

and contains 3 parcels.

Property Location

: 9151 Fontaine St. &

2550 W. 91st Pl., Federal Heights

Property Description

: 15-unit, 2-story

apt., 8,704 sf,; 12-unit, 2-story apt. bldg.,

5,272 sf; brick/frame const., YOC 1969

Land Size

: 28,750 sf

Sales Price

: $1.73M, or $63,889 per unit, or

$123.43 per sf

Closing Date

: 12/19

Grantor

: JS & J Properties LLC (Jeffery W.

Corder, mgr.)

Grantee

: Johnson Warehouse-Texas, LTD

(James R. Johnson, mgr.)

Comments

: Sale includes vacant site at

SWC of West 91st Place and Fontaine

Street; two separate apartment buildings

totaling 27 units, walkup style.

Property Location

: 9280 Federal Blvd.,

Federal Heights

Property Description

: O’ReillyAuto Parts

Store, 7,000 sf, masonry const., YOC 1995

Land Size

: 28,314 sf

Sales Price

: $1.5M, or $214.29 per sf

Closing Date

: 11/18

Grantor

: Best Family Limited Partnership

(Kimberley Lorden, ptnr.)

Grantee

: Betty J. Harger, POB 6116, Chi-

cago IL 60606-0116

Comments

: Going-in cap rate was 6.5%

with 10 years remaining on lease.

Property Location

: 1565 Moline St., Auro-

ra

Property Description

: 30-unit, 3-story

apt., 21,120 sf, brick const., YOC 1958

Land Size

: 18,731 sf

Sales Price

: $1.3M, or $61.55 per sf

Closing Date

: 11/5

Grantor

: Johnson Estates LLC

Grantee

: 1565 Moline Apartments LLC

(Tsehaye Berhe, mgr.) 303-238-7539

Comments

: Seller purchased the property

on 12/31/2007 for $824,000.

Property Location

: 3010 Nome St., Aurora

Property Description

: 5,120-sf warehouse,

metal const., YOC 1979; 2,625-sf office

building, metal const., YOC 1980

Land Size

: 1.27 acres

Sales Price

: $930,000, or $119.46 per sf

Closing Date

: 12/29

Grantor

: Tricon Industries Inc. (Steven S.

Pierce)

Grantee

: 3010 Nome Street LLC (Mersad

Rahmanovic, mgr.) 303-366-3344

Financing

: $790,500 payable to Seacoast

Commerce Bank (85% LTV)

Comments

: Buyer owns Denver Imports

LLC. Deed shows only Lot 8, Block 1, Mor-

bro Industrial Park, was conveyed, which

contained only a 2,625-sf office building.

There is another 3010 Nome owned by

Tricon Industries showing Lot 7 contain-

ing another 27,878 sf of land with a 5,120-

sf equipment building. The total of these

two buildings is 7,745 sf. The $930,000

price appears to be out of line and there

may be a correction warranty deed filed,

which would include Lot 7, Block 1, Mor-

bro Industrial Park. Property was listed

with Newmark Grubb Knight Frank. Lot

appears to be used for automotive storage.

Property Location

: 4400 E. 60th Ave.,

Commerce City

Property Description

: 3,397-sf, 2-story

warehouse, metal const., YOC 1999

Land Size

: 1.05 acres

Sales Price

: $636,000, or $187.22 per sf

Closing Date

: 12/29

Grantor

: Denver North Properties LLC

(Belinda Betancourt, pres.)

Grantee

: Elliot Colorado Investments

LLC, Grimes, Iowa

Comments

: Property was listed by Aaron

Valdez, Alec Rhodes and Tyler Smith of

Cassidy Turley, now DTZ. Property has

fenced storage yard and is used for truck

maintenance facility. Drive-in doors are 12’

x 14’; 3 bays.

Property Location

: 161 North Main St.,

Brighton

Property Description

: 8,396-sf, 2-story

office/retail bldg., masonry/stucco const.,

YOC 1946

Land Size

: 1.2 acres

Sales Price

: $615,000, or $73.25 per sf

Closing Date

: 12/23

Grantor

: Department of Colorado Veter-

ans of Foreign Wars

Grantee

: Guadalupe Guzman and Domit-

ila Guzman

Comments

: Property was listed by Win

King of King Real Estate, 303-376-6333,

for $695,000. The second building contains

open floor plan with unfinished apart-

ment area. Includes dining hall, commer-

cial kitchen and walk-in cooler.

Property Location

: SWC Havana St. &

Kingston Dr., Denver

Property Description

: 9 vacant residential

lots

Land Size

: 10.35 acres

Sales Price

: $553,500, or $61,500 per lot, or

$1.23 per sf

Closing Date

: 12/9

Grantor

: Liberty Capital Inc. (Joseph C.

Hoskins, SVP)

Grantee

: Richfield Homes LLC (Serge

M. Goldberg and William P. Edgington,

mgrs.)

Comments

: Homebuilders with homes

priced in the mid-$300,000, 303-817-8055.

Property Location

: 7082 Pecos St., West-

minster

Property Description

: 2,160-sf auto sales

office, car lot, YOC 1972

Land Size

: 31,799 sf

Sales Price

: $500,000, or $15.72 per sf (land

value)

Closing Date

: 12/10

Grantor

: Vincent Salzano

Grantee

: Five Star Auto Sales LLC (Daniel

Vazquez-Hernandez, mgr.)

Financing

: $350,000 payable to Guaranty

Bank & Trust

Comments

: Tenant purchased property

from owner of property (seller).

Property Location

: 1072 Prairie Center

Pkwy., Brighton

Property Description

: Vacant commercial

land

Land Size

: 40,946 sf

Sales Price

: $480,000, or $11.72 per sf

Closing Date

: 10/24

Grantor

: THF Prairie Center Develop-

ment LLC

Grantee

: BP Venture Five LLC (Dean

Pisciotta, mgr.)

Comments

: Proposed Brakes Plus auto-

motive store. E/S Prairie Center Parkway,

200 feet south of East 152nd Avenue.

Arapahoe County

Property Location

: 10731-71 E. EasterAve.

& 10730-70 E. Briarwood Ave., Centennial

Property Description

: Four single-story

office buildings totaling 209,264 sf, mason-

ry and glass panel const., YOC 2001

Land Size

: 15.657 acres

Sales Price

: $33.5M, or $160.09 per sf

Closing Date

: 12/17

Reception No. D4118698

Land-to-Building Ratio

: 3.26:1

Grantor

: LBA Realty Fund II – Company

XII, LLC, c/o LBARealty LLC (Steve Lay-

ton, mgr.), 3347 Michelson Drive, Ste. 200,

Irvine CA 92612, 949-833-0400

Grantee

: BriarwoodAcquisition LLC, c/o

Lakestar Properties LLC (Menashe Fran-

kel, mbr., and Yeheskel Frankel, mbr.), 40

Airport Road, Lakewood, NJ 08701

Financing

: $25M, payable toMorgan Stan-

ley Bank, NA

Comments

: Grantor’s website shows

WaterPark @ Briarwood containing 4

buildings totaling 207,332 sf. Buyer can be

contacted at 732-364-9704.

Property Location

: 16800 Centretech

Pkwy., Aurora

Property Description

: 206,645-sf, 3-story

office, YOC 1987

Land Size

: 28.07 acres

Sales Price

: $18.8M, or $90.98 per sf

Closing Date

: 12/30

Reception No. D5000047

Land-to-Building Ratio

: 5.92:1

Grantor

: IRE-Aurora, Inc., c/o BNY Capi-

tal Funding LLC (William J. Houston)

Grantee

: Brixton Centretech Parkway

LLC (Corey Eagle, mgr.) 4435 Eastgate

Mall, Ste. 310, San Diego, CA 92121, 858-

683-7100

Financing

: $12M, payable to Marc R. Brut-

ten and Robert Barth, due 6/30/15

Comments

: Lender is principal of grantee.

Tenant is Raytheon.

Property Location

: SWC E. Fremont Ave.

& S. Pennsylvania St.; NWC S. Pennsyl-

vania St. & E. Dry Creek Pl.; SEC E. Dry

Creek Pl. & S. Logan St., Littleton

Property Description

: vacant residential

lots

Land Size

: 12.214 acres

Sales Price

: $9.36M, or $17.60 per sf, or

$85,118 per unit

Closing Date

: 12/19

Reception No. D4119637

Grantor

: WIP Littleton Village LLC

(Michael Downes, VP) 310-314-2444

Grantee

: Century at Littleton Vg, c/o

Century Communities (Todd Amberry,

VP)

Comments

: Lots 1, 2 Block 3, Lot 2, Block

4, Lot 1, Block 7, Littleton Village. Site

containing 77.12 acres sold in September

2013 for $21.5M, or $6.40 per sf. The buyer

proposes 68 attached townhomes on Lot 1,

Block 7, or 18.6 du/ac. On Lot 2, Block 4,

there will be 22 units, or 7.6 du/ac. Buyer

also plans to build 42 patio homes on the

northerly lots. The homes will be priced

from $350,000-$400,000.

Property Location

: NEC S. Pennsylvania

St. & E. Dry Creek Rd.; NEC S. Logan St.

& E. Dry Creek

Property Description

: vacant land, 101

residential units to be constructed

Land Size

: 10.35 acres

Sales Price

: $8.64M, or $85,515 per lot, or

$19.15 per sf

Closing Date

: 12/19

Reception No. D4119449

Grantor

: WIP Littleton Village LLC

(Michael Downes, VP) c/o Watt Invest-

ment Partners, 2716 Ocean Park Blvd., Ste.

2025, Santa Monica, CA 90405

Grantee

: Richmond American Homes of

Colorado Inc.

Comments

: Lots 1, Block 4, Lot 2, Block 7,

Lot 1, Block 8, Littleton Village, recorded

plat via reception number D4082531. Site

containing 77.12 acres sold in September

2013 for $21.5M, or $6.40 per sf.

Property Location

: 6446 S. Kenton St.,

Centennial

Property Description

: 78,125-sf, single-

story office, YOC 1999

Land Size

: 6.33 acres

Sales Price

: $11.85M, or $90.98 per sf

Closing Date

: 12/30

Reception No. D4122694

Land-to-Building Ratio

: 3.53:1

Grantor

: CSMC 2007-C-4 Arapahoe SC

II LLC

Grantee

: NETREIT Arapahoe (Kenneth

W. Elsberry, CFO) 866-781-7721

Financing

: $8.5M, payable to Redwood

Commercial Mtg. Corp. (71.7% LTV)

Comments

: CBRE had 17,600 sf avail-

able for lease, with Todd Witty and Doug

Viseur as listing brokers. The expenses for

this building were $4.09 per sf in 2013.

Denver County

Property Location

: 7306 E. 36thAve.; 7305

E. 35thAve.; 7505 E. 35thAve.; 7306 E. 36th

Ave.; 7757 E. 36th Ave.; 7606-7607 E. 36th

Ave., Denver, “Quebec Square”

Property Description

: 149,697-sf shop-

ping center, YOC 2002; 41,332-sf shopping

center, YOC 2002

Land Size

: 19.47 acres, C-MU-20

Sales Price

: $43.4M, or $227.20 per sf

Closing Date

: 12/18

Reception No. 2014155703

Grantor

: Quebec Square CMHLLC (Chris

C. Schirm, pres.) Solana Beach, Calif.

Grantee

: IA Denver Quebec Square LLC,

c/o Inland American Real Estate Trust,

Inc., 2809 Butterfield Road, Oak Brook, IL

60523

Comments

: Tenants include PetSmart Inc.

(2003); Big 5 Corp. (2007) @ 14,109 sf;

Colorado Technical University Inc. (2010);

Office Depot (2002) @ 22,001 sf; Subway

(2003); Ross Stores Inc. (2003) @ 19,951 sf.

The entire Quebec Square Shopping Cen-

ter, which includes Home Depot and Wal-

Mart, contains 62.61 acres with 3,252 park-

ing spaces and 673,189 sf of retail space

developed by Forest City. The two sales

combined total $52.25M with 214,168 sf,

or $243.97 per sf. The seller purchased this

191,029-sf center for $34.25M, or $179.29

per sf.

Property Location

: 13700 Quebec St.; 7507

E. 36th Ave.; 7357 E. 37th Ave., Denver

“Quebec Square” (Shadow anchor to Wal-

Mart)

Property Description

: 9,594-sf strip center,

YOC 2003; 8,966-sf strip center, YOC 2003;

4,579-sf strip center, YOC 2003

Land Size

: 2.6 acres, C-MU-20

Sales Price

: $8.85M, or $382.43 per sf

Closing Date

: 12/18

Reception No. 2014155721

Grantor

: Quebec Square 36 CMH LLC

(Chris C. Schirm, pres.) Solana Beach,

Calif.

Grantee

: IA Denver Quebec Square LLC,

c/o Inland American Real Estate Trust,

Inc., 2809 Butterfield Road, Oak Brook, IL

60523

Comments

: Tenants include UPS Store,

Westerra Credit Union and Panera Bread

at 3701 Quebec St.; Jimmy John’s, AT&T,

Panda Express and American Family

Insurance at 7507 E. 36th Ave. The two

sales combined total $52.25Mwith 214,168

sf, or $243.97 per sf.

Property Location

: 1733 & 1777 Williams,

Denver, “H20 &Aperture Apts.”

Property Description

: 25-unit, 3-story

apt., 9,638 sf, YOC 1956; 36-unit, 3-story

apt., 13,657 sf, YOC 1961

Land Size

: 6,250 sf

Sales Price

: $7.75M, or $127,049 per unit,

or $332.69 per sf

Closing Date

: 12/31

Reception No. 2014159174

Grantor

: Cardinal Group Aperture LLC

Grantee

: Masayuki Tsukada

Financing

: Assume $3.6M (approximate-

ly) from Centerline Mortgage Capital

Comments

: Property sold to the grantor

for $4.6M in July 2013. Totals 61 units

w/23,295 sf.

Property Location

: 3201 Brighton Blvd.,

Denver

Property Description

: 46,452-sf ware-

house, YOC 1942 (land value)

Land Size

: 3.13 acres, zoned R-MU 30

Sales Price

: $7.75M, or $56.80 per sf

Closing Date

: 12/22

Reception No. 2014156641

Grantor

: River North Properties LLC

(Ronald Helton, mgr.) Lone Tree

Grantee

: Broadstone Rino Property

Owner LLC (Jay Hiemenz, CFO), 2415 E.

Camelback, Ste. 600, Phoenix, AZ 85016,

c/o Alliance Residential Co., 602-778-2800

Comments

: Property lies on the north

corner of 31st Street and Brighton Boule-

vard, with frontage on the northeast side

of Arkin Ct.

www.allresco.com

Property Location

: 1030-1080 S. Colorado

Blvd., Denver & Glendale

Property Description

: land value (see

Comments)

Land Size

: 7.06 acres

Sales Price

: $6.25M, or $20.33 per sf

Closing Date

: 12/19

Reception No. 2014155280

Grantor

: REM Investments LLC, (Mike

Shaw, mgr.) 303-757-6161, Denver

Grantee

: JEC 1080 Holdings LLC (Fred L.

The Winslow Report

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