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March 4-March 17, 2015 — COLORADO REAL ESTATE JOURNAL — Page 39
Grantor: Dwellings LLC, (Douglas M.
Campbell, mgr.), CedarbridgeApartments
LLC (Ronald L. Wells, mgr.) and C & L
Investing LLC (Matt Lewallen, mgr.)
Grantee: 6 Lincoln Property LLC (Michael
G. Watson)
Financing: $4.81M @ 4.3% due 2/1/25,
payable to FirstBank (65% LTV)
Comments: Kevin Calame and Matt
Lewallen of Pinnacle Real Estate Advisors
represented the parties in this transaction.
Property is located at NEC of South Lin-
coln Street and East EllsworthAvenue and
has been renovated in last 2 years.
Property Location: 2775 S. Federal Blvd.,
Denver, “The Amherst"
Property Description: 81-unit, 3-story
walkup apt., 58,003 sf, brick const., YOC
1973
Land Size: 15,600 sf
Sales Price: $5.6M, or $98,236 per unit, or
$148.70 per sf
Closing Date: 2/9
Reception No.: 2015014459
Grantor: GPJ Realty LLC (Matthew Job-
lon, mgr.)
Grantee: Vukota Amherst Apartments LP
(Tom Vukota and Michael Fiorillo, mgrs.)
Financing: Assume $3.66M loan balance
payable to Centerline Mtg. Capital
Comments: Josh Newell and Rob Lawson
of Pinnacle Real Estate Advisors repre-
sented the parties in this transaction. Loan
is due 4/1/22 @ 4.15%.
Property Location: 3825 Tennyson St,
(W/S Tennyson St,, 100’ N of W. 38thAve.)
Property Description: 21,000-sf bowling
alley (land value)
Land Size: 50,129 sf
Sales Price: $4.37M,or $87.22 per sf
Closing Date: 2/6
Reception No.: 2015013993
Grantor: LCP Tennyson LLC (Jonathan
Bush, mbr.) 303-797-9119
Grantee: EVC Tennyson LLC (Luke R.
Spellmeier, mgr.) 785-272-1398
Financing: $4.5M payable to Alliance
Bank, Topeka, KS
Comments: Mark McPherson, 720-333-
4436 or 785-925-1027,
tyventurescd.com, is the leasing agent in
Denver for the buyer, Equity Ventures
Commercial Development, based out of
Topeka, KS. Buyer will redevelop the site
to retail use.
Property Location: 915 S. Colorado Blvd.,
Denver
Property Description: 15,206-sf, 2-story
office building, brick const., YOC 1956
Land Size: 25,300 sf
Sales Price: $3.28M, or $180.18 per sf
Closing Date: 1/23
Reception No. 2015012101
Grantor: Alberola Properties LLLP (Jean-
Marc Alberola, gen. ptnr.)
Grantee: 915 South Colorado Boulevard
LLC (Ira J. Lang, mgr.)
Comments: Single-tenant office building
occupied by Bridge. The buyer has pur-
chased three other investment properties
in the South Colorado Boulevard corridor
and is based inMiami with his most recent
purchase of 945-965 S. Colorado Blvd. @
$4.63M, which included the new restau-
rants developed by Kentro Group, 625 S.
Colorado Blvd., for $2.5M.
Property Location: 4700-4760 E. Evans
Ave., Denver
Property Description: Land value, 2-story,
79-unit motel currently on the property
Land Size: 1.56 acres
Sales Price: $1.95M, or $28.70 per sf
Closing Date: 2/9
Reception No.: 2015015998
Grantor: C.G. Ruhl Investments LLP (Phil-
ip M. Sweeney and Colleen M. Kreft, trs.)
Grantee: Greenbox IV LLC c/o Focus
Property Group (Bahman Shafa) 303-296-
7550
Financing: $1.46M, payable to Bank of
Denver, due 3/1/45
Comments: Located on the SEC of Inter-
state 25 and East Evans Avenue, the prop-
erty was listed by Scot Huber andMichael
Shriver of Colliers International, 303-745-
5800. Motel will be torn down and a
self-storage will be constructed beginning
March 1.
Property Location: 1460 Jasmine St., Den-
ver, “Jasmine Place Apts.”
Property Description: 17-unit, 3-story
apt., 11,231sf, brick const., YOC 1948
Land Size: 15,600 sf
Sales Price: $1.67M, or $98,236 per unit, or
$148.70 per sf
Closing Date: 2/4
Reception No. 2015013167
Grantor: 1460 Jasmine St. Denver LLC
(James R. Shaw, mgr.)
Grantee : 2340 South University Properties
LLC (Mike Stickel, mgr.)
Comments: There are 6 1-bed units @ 735
per/mo. and 11 2-bed @ $895 per/mo.
units with on-site laundry facility.
Property Location: 1140-1150 S. Kalamath
St., Denver
Property Description: 7,553-sf and 11,520-
sf warehouse buildings (total 19,073 sf),
masonry const., YOC 1965
Land Size: 32,265 sf
Sales Price: $1.5M, or $78.59 per sf
Closing Date: 2/2
Reception No.: 2015012274
Grantor: 1150 S Kalamath Partners LLC
(Daniel Murphy, mgr.)
Grantee: 1150 South Kalamath LLC
(Rufus Nagel, Riley McLaughlin, 303-883-
6849, and Kevin Charlson, mbrs., 303-883-
6789, principals of I-Kota, Inc.)
Financing: $1.27M, payable to FirstBank @
4.25% due 2/10/25
Comments: Listed by Greg Knott, Kurt
Holzkamp and Brad Gilpin of Unique
Properties LLC and shows 19,550-sf build-
ing with new modified bitumen roof.
There is 11,700 sf available for new owner.
Property Location: 1625 Marion St., Den-
ver
Property Description: 7,590-sf medical
building, YOC 1994
Land Size: 21,887 sf
Sales Price: $1.35M, or $177.87 per sf
Closing Date: 2/4
Reception No.: 2015012784
Grantor: Community Child Health Foun-
dation (Kenneth Luff, pres.)
Grantee: 1625 Marion LLC (Spyridon
Papadopoulos, mgr., aka “Dr. Spero”)
Financing: $1.08M payable to UMB Bank
(80% LTV)
Comments: Tenant purchased the build-
ing from the grantor (Children’s Medical
Center) 303-830-7337
Property Location: 3301-3305 & 3280
Downing St., Units A-F & R-1, Denver
Property Description: 7,015-sf office
condo (on first floor of a 5-story building),
YOC 1998, plus 26,271-sf parking site at
SEC of E. 33rd Ave. & Downing St.
Land Size: 26,271 sf (3301-3305 Downing
Property)
Sales Price: $1.1M
Closing Date: 2/10
Reception No.: 2015016503
Grantor: YouthBiz LLC (Aaron P. Bailey)
Grantee : Downing Square Holding Co.
LLC (William A. Bivens Jr., 303-298-7373,
and Kevin P. Higgins, mgr, 303-321-5888)
Financing: $2.85M payable to Vectra Bank
Colorado, NA
Comments: Sold by James Roupp of JLL,
or 303-217-7947.
Commercial office condos located at 3280
Downing: Unit A = 355 sf: Unit B = 501 sf:
Unit C = 883 sf: Unit D = 1,250 sf: Unit E =
2,056 sf: Unit F = 2,020 sf. Kevin Higgins of
Unique Properties represented the buyer.
Property Location: 1610 Emerson St.,
Denver
Property Description: 4,234-sf, 3-story
office conversion (mansion), plus 1,494-sf
in basement, brick const., YOC 1897
Land Size: 7,250 sf
Sales Price: $950,000, or $224.37 per sf
Closing Date: 2/3
Reception No.: 2015014360
Grantor: Spring Institute for Intercultural
Learning (Paula Schriefer, CEO)
Grantee : Mental Health Center of Denver
Financing: $1.8M due 8/12/15 payable to
Brown Water Investments I, LLC
Comments: First floor contains 1,613 sf,
second floor contains 1,494 sf, third floor
contains 1,127, and basement contains
1,494 sf. (County shows 6,258-sf bldg.) The
property was listed by Perry & Co., 303-
399-7777. 12 parking spaces in rear.
Property Location: 3868 Tennyson St.,
Denver
Property Description: 4,240-sf industrial
building, YOC 1972
Land Size: 9,518 sf
Sales Price: $842,500, or $198.70 per sf
Closing Date: 2/12
Reception No.: 2015018080
Grantor: Wavia R. Tullar
Grantee: RPDG Tennyson Street LLC
(Reid Davis, mgr.) 303-586-3080
Financing: $1.8M due 8/12/15 payable to
Brown Water Investments I, LLC
Comments: Buyer’s email is -
pointpartners.com.
Douglas County
Property Location: 400 Inverness Pkwy.,
Englewood
Property Description: 111,608-sf, 3-story
office building, YOC 1998
Land Size: 5.92 acres
Sales Price: $21.07M, or $188.79 per sf
Closing Date: 2/10
Reception No.: 2015008324
Grantor: Westcore Carson 400 Inverness
LLC, et al. (Donald Ankeny)
Grantee: LGP Inverness JV-T LLC c/o
Legacy Partners Commercial (Rick Wada)
Financing: $54.25M payable to GE Capital
Bank, due 2/28/19
Comments: Six spaces for lease totaling
14,235 sf; rents at $24 to $26 per sf full-
service. LEED Gold certified. See 9359
E. Nichols Ave. sale of 70,398-sf indus-
trial flex building constructed in 1997 for
$8.53M, or $121.17 per sf. Buyer is based
out of Foster City, CA.
Property Location: 3757 Norwood Dr.,
Littleton
Property Description: 40,026-sf mini-
warehouse complex (7 bldgs.) YOC 1985;
1,344-sf house, YOC 1985
Land Size: 3.07 acres
Sales Price: $4.3M, or $103.94 per sf
Closing Date: 1/20
Reception No.: 2015005509
Grantor: DSI Realty Income Fund VII
(Richard P. Conway, EVP)
Grantee: SST II 3757 Norwood DR LLC
c/o Strategic Storage Trust II, Inc.
Financing: $71.3M payable to KeyBank
(blanket mortgage)
Comments: Michael S. McClure, CFO for
the buyer, 949-429-6600; Wayne Johnson is
acquisition contact,
or 214-217-9797, Ext. 302.
Property Location: 7 & 19 North Cantril
St., Castle Rock, “Castle Court Apts.”
Property Description: 2 17-unit, 3-story
apt. bldgs., 36,456 sf, YOC 1980-1985
Land Size: 37,461 sf
Sales Price: $3.3M, or $97,058 per unit, or
$90.52 per sf
Closing Date: 1/30
Reception No.: 2015005942
Grantor: Capital 8 Castle Court LLC (Jef-
frey L. Kissee, mbr.)
Grantee: Brad Peterman
Financing: $2.48M@ 3.5%payable to First-
Bank
Comments: Josh Newell of Pinnacle Real
Estate Advisors represented the parties in
the transaction.
Property Location: N/S C-470, appr. ¼
mile E. of (Hwy 85) Santa Fe Dr., Littleton
Property Description: Vacant land
Land Size: 214,234 sf
Sales Price: $3M, or $14 per sf
Closing Date: 2/5
Reception No.: 2015007295
Grantor: LC West LLC (Mark J. Kerslake,
mgr.)
Grantee: Drawe Holdings LLC, (Mike
Drawe, mgr.) 720-746-2697
Financing: $8.8M, payable to AmeriCredit
Financial Services (construction loan)
Comments: Site is platted and fully enti-
tled. The property was listed by Allen
Lampert, Steve Markey and Tommy Vis-
consi of David Hicks Lampert, 303-694-
6082.
Property Location: East Corner Tall Tale
Ln. & Copper Cloud Dr., Castle Rock
Property Description: 46 residential lots
Land Size: 6.23 acres
Sales Price : $2.76M, or $60,049 per lot, or
$10.18 per sf
Closing Date: 1/30
Grantor: SLV Castle Oaks LLC c/o Star-
wood Land Ventures, (Michael R. Forsum,
mgr.) or
480-305-7200
Grantee : Tri Pointe Homes (Mike Grubbs,
CFO) 949-478-8600, Irvine, CA
Comments: Matt Osborn is division presi-
dent (Colorado) 303-802-1500. The average
size lot is 5,901 sf, the smallest lot is 4,922
sf and the largest lot is 11,631 sf. This sale
is the second takedown of lots in final plat
of Castle Oaks Estate Filing No. 1, Amend-
ment No. 8. The first takedown occurred
on June 20, 2014, in the amount of $2.68M
and included 46 lots @ $58,300 per lot.
Property Location: 10100 Commons St.,
Lone Tree, “Morningstar at RidgeGate”
Property Description: Vacant land, plans
for 224-unit senior facility
Land Size: 4.82 acres
Sales Price: $2.7M, or $12.85 per sf
Closing Date: 1/29
Reception No.: 2015007421
Grantor: Lincoln Commons South, Inc.
c/o Coventry Dev Corp, Keith D. Simon,
720-279-2581, or Robert Asselbergs (NYC),
212-752-6164
Grantee : SHI-II Lone Tree LLC c/o AEW
Capital Management LP (Christopher A.
Kazantis or Brian Sunday) 617-261-9000
Comments: This site is located on the
northeast corner of RidgeGate Parkway
and Commons Street. Buyer is planning to
construct 2 buildings, including a 5-story
and a 3-story building, consisting of 71
assisted-living units, 29 memory care units
and 124 independent living units with
approximately 265,000 sf of enclosed a
senior independent housing, assisted care
and memory care facility.
Property Location: SWC Bristleridge St. &
Glenayre Cir., Englewood
Property Description: 20 residential lots
Land Size: 3.4 acres
Sales Price: $2.11M, or $105,414 per lot, or
$14.21 per sf
Closing Date: 1/30
Grantor: SBMeridianVillages (Thomas H.
Bradbury Jr., mbr.)
Grantee : Richmond American Homes of
Colorado, Inc. (Holly Hoxeng)
Comments: Lots 78-87 & 99-108, Meridian
International Business Center Filing No.
7A. The 16 interior lots are 7,187 sf each,
while the four exterior lots average 8,320
sf each.
Property Location: 9559 S. Kingston Ct.,
Englewood
Property Description: 6,320-sf office
building, brick const., YOC 2000
Land Size: 22,215 sf
Sales Price: $1.04M, or $163.96 per sf
Closing Date: 1/16 Reception No.:
2015003322
Grantor: Infinity Real Estate Holding LLC
(Walker L. Fleming, mbr.)
Grantee : Roper LLC (Marla and Steve
Roper, mgr.)
Financing: $880,660, payable to First Citi-
zens Bank, due 15 years
Comments: Sale listed by Matt Call of
NavPointe Real Estate Group, 720-420-
7529 or
Continued from Previous Page
John V. Winslow, CRE, is president of Win-
Comps LLC and has more than 40 years’
experience in commercial
real estate. He can be
reached at 720-612-7878
or
com. The information
was gathered from county
records and deemed to be
reliable. Other sources
of research include bro-
chures and information
verified by owners or list-
ing/selling brokers. John V. Winslow,
CRE