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June 17-June 30, 2015 — COLORADO REAL ESTATE JOURNAL — Page 21AA
Adams County
Property Location: 5925 Broadway, Den-
ver
Description: 66,590-sf warehouse (includes
21,772-sf office space), twin-tee const, YOC
1972
Land Size: 3.15 acres
Sales Price: $4.48M, or $67.20 per sf
Closing Date: 5/22
Reception No: 2015000038393
Grantor: 5925 North Broadway LLC
(David O. Larson, mgr) 720-529-2999
Grantee: WSM 5925 Broadway LLC
Comments: David Larson, the seller, was
one of the founding partners in the Legend
Retail Group. Seven dock-high doors, one
drive-in door, 19-foot-clear ceiling height.
Property Location: 1575 Galena St, Aurora
Description: 47-unit, 3-story apt, 32,445 sf,
brick const, YOC 1971,
Land Size: 31,750 sf
Sales Price: $1.92M, or $40,851 per door, or
$59.18 per sf
Closing Date: 5/31
Reception No: 2015000040833
Grantor: 712482 Alberta LLC, (Annie
Szentner, mgr) 250-738-0948
Grantee: 1575 Galena Partners, LLC
Comments: The sale of the property was
negotiated by Unique Apartment Group’s
Ryan Floyd, Marc Lippitt, Scott Shway-
der, Kevin Higgins, Jason Koch and Adam
Riddle. Seller is fromQualicumBeach, V9K
2T2, BC, Canada. There are two buildings
located on the SWC of E 16th Ave and
Galena St.
Arapahoe County
Property Location: 6380 S Fiddlers Green
Cir, “Village Center Station”
Description: 234,915-sf, 9-story office bldg,
YOC 2009
Land Size: 3.24 acres
Sales Price: $76.7M, or $326.50 per sf
Closing Date: 5/8
Reception No: D50452257
Grantor: Village Center Station 1, LLC, c/o
Principal Real Estate Investors LLC
801 Grand Ave, Des Moines, IA 50392
(Morgan M. Deal and Ben Wobschaff,
and Shea Property Management Co,
Peter Culshaw, EVP) 303-773-1700
Grantee: KBSIII Village Center Station
LLC, Newport Beach, CA92660, (KBS Real-
tyAdvisors) 949-417-6500
Comments: Cash transaction. Ken Robert-
son is acquisition manager, 949-417-6502;
Mark Brecheen, SVP for Denver market,
949-417-6535. Mike Winn, Chad Flynn and
Tim Richey of CBRE, Inc listed and sold
this property. Includes 786-space, five-story
parking structure.
Property Location: 3400 S Platte River
Road, Sheridan, “Riverton on the Platte”
Description: 316-unit, 4-story apt complex
(11 buildings) 329,604 sf (gross building
area), wood siding, YOC 2008
Land Size: 10.98 acres
Sales Price: $63.8M, or $201,899 per unit, or
$193.57 per sf
Closing Date: 5/20
Reception No: D5052077
Grantor: Riverton on the Platte Apart-
ments LLC, Wasatch Group – Residential,
(Jarom Johnson, acquisitions, jajohnson@
netwasatch.com), 435-755-2007
Grantee: GS Riverton LLC, c/o Greystar
Equity Partners VIII, LP
Financing: $44M payable to HSBC Bank
USA, NA (69% LTV)
Comments: Seller purchased this prop-
erty for $48.25M in December 2012. www.
wasatchgroup.com/residential. Dell Loy
Hansen is CEO. Michael Clow is senior
managing director for West/Central
Mountain, 602-522-1200. Denver office is
303-308-9000. Pat Stucker, 303-260-6518,
and his apartment team at JLLhandled this
transaction.
Property Location: 1500 W Littleton Blvd,
Littleton
Property Description: 92,654-sf shopping
center, updated in 2001, masonry const,
YOC 1956; includes freestanding bank,
YOC 1981
Land Size: 6.136 acres
Sales Price: $10M, or $107.93 per sf
Closing Date: 5/21
Reception No: D5052286
Grantor: LCP 1500 LLC, (Jonathan Bush,
mgr) 303-797-9119
Grantee: Cadence Littleton CO LLC (Brad
J. LaRue, president, of United Growth)
415-707-7000, (Matt Bakke, SVP, -
edgrow.com)
Financing: $8.5M payable to Standard
Insurance, due 6/1/18 (85% LTV)
Comments: Tenants include Family Dollar
Stores, Anytime Fitness, Jazzercise, Wood-
lawnLiquors, TheCorner Bookstore, Chase
Bank, Savers, Fresh Start Laundry, U.S.
post office, Synergy Health & Wellness,
Sherwin Williams and more. Two spaces
available totaling 4,209 sf, which reflects a
4.5% vacancy rate. Property is located on
the SEC of Littleton Blvd & S Windermere
St. Buyer’s website is
com.
Property Location: 2400 S Peoria St, Auro-
ra, “Aurora Corporate Plaza”
Description: 86,532-sf, 5-story office bldg,
YOC 1985; 46,262-sf, 2-story office bldg,
YOC 1985, concrete and glass panels
Land Size: 7.16 acres
Sales Price: $7M, or $52.49 per sf
Closing Date: 5/28
Reception No: D5055095
Grantor: TNREF III Aurora Corporate
Plaza LLC, c/o True North Management
Group, (HaNa Park, VP) White Plains, NY
10606, 914-304-8760
Grantee: University of Colorado Health
Comments: Cash transaction. Desmond
McGowan is CFO for the seller.
Property Location: 5200 S DTC Pkwy,
Greenwood Village
Description: 52,326-sf, 5-story office bldg,
concrete panels, YOC 1980
Land Size: 2.18 acres
Sales Price: $6.45M, or $123.27 per sf
Closing Date: 5/28
Reception No: D5052819
Grantor: Beaver 5200 LLC (Kim J. Koehn,
mgr)
Grantee: Paradigm 5200 DTC LLC (Paul
Congleton, pres)
Financing: $4.19M @ 4.06% due 6/1/25
(65% LTV) payable to FirstBank
Comments: Lease rates as quoted are $20
to $21 per sf. The listing brokers were JLL’s
Jason Schmidt, 303-217-7953, and Patrick
Devereaux, 303-217-7977.
Property Location: 3296 S Zuni St & 3190 S
Wyandot St, Englewood
Description: 40,350-sf, 5-building industrial
complex, YOC 1972, 2000, 2014
Land Size: 6.21 acres
Sales Price: $3.12M, or $77.20 per sf
Closing Date: 6/1
Reception No: D5056162
Grantor: CDM Capital Asset Group, Inc
(BrianA. Baumert, pres)
Grantee: Rising Development LLC (Rick
Cole, mgr) c/o Summitex, 970-390-2227
Financing: $1.56M payable to Centennial
Bank, (50.1% LTV)
Comments: Leased to Foundation Build-
ing Materials through May 2019, with a
five-year renewal option. The five-building
showroom, warehouse and storage area
contains 40,350 sf. The cap rate is 8.47%, not
including vacancy and reserves. The listing
brokers were Jim Lewis, 503-279-1743, and
Sam Slaton, 303-813-6463. This was a 1031
exchange from 3601 E. 39thAve.
Property Location: 10350 E Easter Ave,
Centennial
Description: 20,700-sf, 2-story office/ware-
house, YOC 1998
Land Size: 2.57 acres
Sales Price: $1.9M, or $77.20 per sf
Closing Date: 5/28
Reception No: D5055239
Grantor: J & T Properties LLC (Tyrone
Clark & Julie Hackett, mbrs)
Grantee: Pioneer Motorcycles Ltd, (Susan
R. Dukes, pres)
Financing: $1.8M payable to Pioneer Real
Estate @ 3.75%
Comments: The listing brokers are Greg
Knott and Zach Smith of Unique Proper-
ties LLC, 303-321-5888. The building has an
elevator, upgraded office finish, locker and
showers, open warehouse with 14-foot-
clear ceiling, one dock-highdoor, one drive-
in door and 50 parking spaces. Loan was
with grantee’s subsidiary company.
Property Location: NEC E Pacific Dr & S
GenoaWay, also fronts SWC of GenoaWay
& E Jewell Ave, Aurora
Property Description:
Land Size: 18.14 acres
Sales Price: $1.92M, or $2.43 per sf
Closing Date: 5/5
Reception No: D5046155
Grantor: Colorado Oaks LLC (William
Batt, mgr) 303-785-6060
Grantee: DBC Great Plains Park LLC
(Steve Erickson) 303-544-5857
Comments: Buyer is Boulder Creek Build-
ers, Seller con-
tact is Spence Wilson Jr, Memphis, TN
38125, 901-346-8800 – Colorado office is
303-758-6060.
Property Location: 1215 E HampdenAve
Property Description: 5,850-sf strip center,
masonry const, YOC 1980
Land Size: 15,625 sf
Sales Price: $800,000, or $136.75 per sf
Closing Date: 5/12
Reception No: D5047751
Grantor: Voorheis LLC (James and Peter
Voorheis, mgr)
Grantee: Hampden LLC (Ae Sook Kim
and Sung Ki Kim, mgrs)
Comments: Tenants include Old Town
Liquors, BangkokCaféandExcellentClean-
ers. Property is located on the northeast cor-
ner of Old HampdenAve and Downing St.
Property Location: SEC Platte Canyon
Road (SH 75) & W Mineral Ave, Littleton
“proposed Little Sunshine’s Playhouse”
(4789 WMineral Ave)
Property Description: Vacant land
Land Size: 54,724 sf
Sales Price: $750,000, or $13.71 per sf
Closing Date: 5/5
Reception No: D5045685
Grantor: Evergreen Mineral & Platte LLC
Grantee: Three Bridge Littleton Partners
LLC (PrestonAmos, mgr)
Comments: Proposed 8,675-sf child care
and preschool facility.
Property Location: SEC S Himalaya Way
& E Fair Ave, Centennial
Property Description: 35 residential lots
plus 5 tracts (paper platted only)
Land Size: 11.26 acres
Sales Price: $645,000, or $57,298 per acre, or
$18,429 per lot
Closing Date: 4/30
Reception No: D5044228
Grantor: Cherry Creek School District No.
5 (James O’Brien, board pres)
Grantee: William Lyon Homes, Inc, dba
Village Homes, Greenwood Village
Financing: $1.69M payable to International
Bank of Commerce, Houston
Comments: The 35 lots consist of 6.49 acres,
with the five tracts containing 2.97 acres
and right of way contains 1.8 acres, for a
total of 11.26 acres.
Property Location: NE/S Smoky Hill
Road, just northwest of Aurora Pkwy,
Aurora
Property Description: Vacant land
Land Size: 40,498 sf
Sales Price: $600,000, or $14.82 per sf
Closing Date: 4/30
Reception No: D5044228
Grantor:NWSLOutparcel LLC, c/oNorth-
wood Investors LLC (Brian Crittendon)
Grantee: BTS Southlands LLC, c/o Hun-
tington Properties, Inc, Houston, TX
Financing: $1.69M payable to International
Bank of Commerce, Houston
Comments: Buyer contact is Sanford P.
Aron, mgr, of Huntington Properties, Inc,
713-623-6944.
Boulder
Property Location: 5035-5075-5085-5115-
5175 Merritt Dr, Boulder
Property Description: 20 townhomes,
1,180 sf each, (23,600 sf total) YOC 1978
Land Size: 74,304 sf (5 platted lots)
Sales Price: $4.3M, or $215,000 per unit, or
$182.20 per sf
Closing Date: 5/27
Reception No: 03448263
Grantor: Lippoldt Family LLLP
Grantee : Merritt Townhomes LLC c/o
Brady Van Matre Construction LLC (Brady
Van Matre, pres) 303-664-1264
Financing: $5.65M payable to FirstBank,
due 5/1/20, 3.9% first three years, amor-
tized over 30 years
Comments: The buyer is planning to total-
ly renovate the 20 units and re-let them at
market rents. Each unit has two levels with
a carport.
Property Location: 1219-1219 Pennsylva-
nia St, Boulder
Property Description: 5,552-sf retail/office
bldg, masonry const (renovated in 1999),
YOC 1928
Land Size: 4,513 sf
Sales Price: $2.04M, or $367.44 per sf
Closing Date: 5/12
Reception No: 03448217
Grantor: 1221 Pennsylvania Ave LLC,
(Thomas A. Manteuffel, mgr)
Grantee: Boulder Warehouse Association,
Inc (Kenneth C. Schneider II, mgr)
Financing: $1.18Mdue 5/27/25, payable to
Home State Bank
Comments: Property was listed by
Michael-Ryan McCarty of Gibbons-White,
303-586-5939. There is a small residential
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