Page 18AA —
COLORADO REAL ESTATE JOURNAL
— November 4-November 17, 2015
WinComps
Adams County
Property Location
: 570 Bromley Lane,
Brighton, “Del Taco"
Property Description
: 2,404-sf fast-food
restaurant, YOC 2001, stucco const.
Land Size
: 0.69 acres
Sales Price
: $1.64M, or $683.68 per sf
Closing Date
: 10/15
Reception No
: 2015000086604
Grantor
: Mile High LLC, Archille Pala-
dini, mgr., 650-579-7114
Grantee
: 570 Bromley LLC
Comments
: Triple-net-leased investment
with Del Taco with six years remaining
on the lease. The property was listed with
Tony Sekulovski of Sekulovski Group of
Scottsdale AZ, 855-975-5599, for $1.85M.
The property sold on an “in-place” cap
rate of 6.75%. Jan Friedlander, CCIM, rep-
resented the buyer.
Property Location
: 8495 Pecos St., Federal
Heights, “Family Dollar"
Property Description
: 7,816-sf retail store,
YOC 2002, masonry & metal const.
Land Size
: 0.79 acres
Sales Price
: $1.43M, or $183.26 per sf
Closing Date
: 10/15
Reception No
: 2015000086745
Grantor
: Realty Income Properties 19 LLC
Grantee
: Rocky Mountain Stores of Colo-
rado Inc.
Comments
: This transaction appears to be
a buyback from the grantor. The grantee
sold the property to the grantor on 6-5-12
for the same price as it paid for it in 2012.
Property Location
: 1961 East 64th Ave.,
Denver
Property Description
: Misc. residential
improvements (land value)
Land Size
: 8.11 acres
Sales Price
: $1.29M, or $3.66 per sf
Closing Date
: 10/15
Reception No
: 2015000086701
Grantor
: Kenneth E. Munger, et al.
Grantee
: HuronAssociates LLC, FloydM.
Winslow, mgr.
Comments
: Lot 3, RMS Munger Sub.
Arapahoe County
Property Location
: 13100 E. Kansas Drive,
Aurora, “Liberty Creek Apartments”
Property Description
: 584-unit (42 build-
ings), two- & three-story apartment com-
plex with 431,540 rsf, YOC 1980-1981,
frame construction
Land Size
: 26.41 acres
Sales Price
: $65M, or $111,301 per unit, or
$150.62 per sf
Closing Date
: 10/7
Reception No
: D5115712
Grantor
: Woodridge Investors LLP, Harry
J. Yaffe, trustee of Belle M. Yaffe Trust
Grantee
: Liberty Creek Apartments LLC,
c/o Oak Coast Properties LLC, Phillip J.
Nahas, mgr., 310-566-7753, Orangethorpe
Aurora LLC, Bradley A. Becker, mgr., 858-
395-4075, & BMC Liberty Creek, Matthew
Joblon, mgr., 303-996-2333
Financing
: $49.5M payable to Holliday
Fenoglio Fowler LP, due 11-1-25
Comments
: The buyer plans on spend-
ing approximately $3 million, or $5,137
per door, for upgrades including exte-
rior improvements, amenity upgrades and
clubhouse renovation.
Property Location
: 5660-5680 Greenwood
Plaza Blvd., Greenwood Village
Property Description
: 411,126-sf, five-sto-
ry office complex (three buildings), YOC
1972, concrete and glass construction,
renovated in 1990, 1,217 surface parking
spaces and 50 covered parking spaces
Land Size
: 21.76 acres
Sales Price
: $46.65M, or $113.47 per sf
Closing Date
: 10/15
Reception No
: D5118516
Grantor
: Triad Office Park Partners LLC,
c/o M&J Wilkow, Marc R. Wilkow, mgr.,
Chicago IL, 312-726-9622
Grantee
: SB/Steel Wave Triad LLC, Peter
Llorente,
, 720-
932-2868, or Barry DiRaimondo, 650-235-
2900, 4000 E. Third Ave., Suite 500, Foster
City, CA 94404
Comments
: This property sold on 12-4-
2012 for $25.35M, or $61.66 per sf. Seller’s
website is
, and it shows
414,474 rsf for the total size of the three
buildings. Triad North is 136,009 sf, Triad
West is 138,922 sf, Triad South is 136,195 sf.
There are four elevators per building and
three specific assessor parcels that reflect
land sizes of 7.21 acres, 8.08 acres & 6.47
acres, totaling 21.76 acres.
Property Location
: 11125-11185 E. Alam-
eda Ave., Aurora, “Alvista Highline”
Property Description
: 90 individually
deeded condominiums on two floors,
within seven buildings, 93,180 sf, YOC
2001, frame construction; 30 1-bed/1-bath
@ 906 sf; 30 2-bed/2-bath @ 1,150 sf; 30
2-bed/2-bath @ 1,228 sf, all with single-car
garages @ 220 sf.
Sales Price
: $13.49M, or $149,975 per unit,
or $144.86 per sf
Closing Date
: 10/7
Reception No
: D5118858
Grantor
: Oasis Aurora Owner LLC,
c/o Phoenix Realty Group LLC (PRG),
Andrew Tingley, mgr., 212-207-1999
Grantee
: BRE Paragon MF Alvista High-
line CO LLC, c/o Blackstone Real Estate
Partners VIII LP, Ola Hixon, VP, 212-583-
5000, 345 Park Ave., NYC NY 10154
Financing
: $198M (blanket mortgage)
payable to Bank of America NA
Comments
: The legal description includes
all of Oasis on the Highline Condomini-
ums. This transaction may reflect par-
tial interest only; however, the deed did
not indicate any reference to a division
of interest. The on-site manager, 303-720-
6944, indicated the buyer purchased the
majority of the ownership of this property.
The county shows the units are 890 sf,
1,080 sf & 1,136 sf.
Property Location
: SWC East Colfax
Avenue & Potomac Street (13600-13690
E. Colfax Ave.), Aurora, proposed “The
Forum @ Fitzsimons”
Property Description
: Vacant land
Land Size
: 6.68 acres
Sales Price
: $8M, or $27.75 per sf, or
$20,151 per buildable unit
Closing Date
: 10/13
Reception No
: D5117534
Grantor
: Blue Beacon International Inc.,
Donald Boos, 785-826-8243, or DonaldB@
bluebeacon.com. Guy D. Walker is VP of
real estate development.
Grantee
: The Forum Fitzsimons LLC,
Randy Bryant, principal of Catalina Devel-
opment Co., Greenwood Village, 720-529-
5550, or
Financing
: $63.5M payable to Bank of the
Ozarks, Dallas TX
Comments
: The buyer plans to construct
397 apartment units in four-story build-
ings with 26,750 sf of first-floor retail and
commercial space; a six-story, 700-space
parking garage; and 118 surface parking
spaces. Aurora Urban Renewal Author-
ity is funding $9 million for hard and soft
costs for the public improvements around
this $81 million development.
Property Location
: 14531 E. Alameda
Ave., Aurora
Property Description
: 22,620-sf shopping
center, YOC 1978, masonry & wood con-
struction, & 13,800-sf strip center, YOC
1988, wood siding, total 36,420 sf
Land Size
: 4.64 acres
Sales Price
: $3.5M, or $96.10 per sf
Closing Date
: 10/19
Reception No
: D5119667
Grantor
: Alameda Sable Investors LLC,
Melinda Quiat, mbr., 303-759-1000
Grantee
: 14531 E. Alameda LLC, Brian
Watson & Donald J. Marcotte
Financing
: $2.42M payable to Peoples
National Bank, due 10-19-17
Comments
: The principals of the grantee
are both employed by Northstar Commer-
cial Partners, 303-893-9500. The seller pur-
chased the property in June 2011 for $3M.
Property Location
: 19697 Smoky Hill
Road, Centennial, “Edge Church”
Property Description
: 1) 7,804-sf (includes
garden level) church building, YOC 1989,
& 2) 31,500-sf church, YOC 1999, totaling
39,304 sf
Land Size
: 6.48 acres
Sales Price
: $3.15M, or $80.14 per sf
Closing Date
: 9/30
Reception No
: D5112008
Grantor
: EasternHills Christian Reformed
Church Inc., Greg Johnson, pres.
Grantee
: The Edge Church, Ryan Heller,
pres. & senior pastor
Financing
: $2.9Mpayable toNorthAmeri-
canMission Board for the Southern Baptist
Convention Inc.
Comments
: Owner-occupied
Property Location
: 180 E. HampdenAve.,
Englewood
Property Description
: 11,929-sf, two-story
office building, YOC 1953, renovated in
1982 & 2006, stucco construction
Land Size
: 24,233 sf
Sales Price
: $2.16M, or $236.34 per sf
Closing Date
: 10/14
Reception No
: D5118410
Grantor
: 180 Out LLC, Karl Edward
Saboe, mgr.
Grantee
: 180 Real Estate Corp. LLC, Dr.
William Richheimer, 303-482-1300
Financing
: $1.62M (SBA loan), due 10-14-
35, payable to Wells Fargo Bank, NA
Comments
: Dr. William E. Richheimer
is the owner of Mile High Eye Institute/
Ophthalmology and occupies the space.
Property Location
: 5594 S. Gibraltar Way,
Centennial, “Brakes Plus”
Property Description
: 6,948-sf auto ser-
vice center, YOC 1999, block construction
Land Size
: 1.08 acres
Sales Price
: $1.92M, or $236.34 per sf
Closing Date
: 9/30
Reception No
: D5112292
Grantor
: Highland Properties 2215 LLC
(intermediary for Chi-Chi’s of Colorado
Springs LLLP)
Grantee
: Robert J. Walker Trust, Greeley
CO 80631
Comments
: John Glass, 415-625-2114, &
Chris Doty, 602-687-6700, both of Mar-
cus & Millichap, represented the seller
in this transaction. The “in-place” cap
rate was 6.75% with a new 15-year lease
with Brakes Plus at the close of escrow.
The property is a two-tenant store with
Brakes Plus and Budget Transmission.
Budget Transmission executed a 10-year
lease effective March 1, 2015. The triple net
lease rate is currently at $18.57 per sf.
Property Location
: 5231 S. Quebec St.,
Greenwood Village
Property Description
: 8,290-sf, two-story
office building, YOC 1980, fluted block
Land Size
: 8,450 sf plus shared common-
area parking
Sales Price
: $900,000, or $108.56 per sf
Closing Date
: 10/15
Reception No
: D5118550
Grantor
: Janco Properties LLC, Jan E.
Helen, mbr.
Grantee
: Littleton Professional Offices
LLC, R. Sean. Manning, Marilyn K. Man-
ning &Vicki S. Yancey, mbrs., 303-761-9119
Financing
: $720,000 payable to First-Citi-
zens Bank & Trust
Comments
: Listed by Phillip Yeddis of
Unique Properties LLC-TCN World-
wide, 303-321-5888. The association dues
are $1,200 per month. Buyer has a CPA
firm called Manning & Co. Building was
vacant at time of sale.
Boulder County
Property Location
: 826-858-867 Coal
Creek Circle, “Coal Creek Business Park,”
Louisville
Property Description
: 203,243 sf (net rent-
able area) in three two-story office build-
ings, YOC 1999-2001, concrete panel con-
struction
Land Size
: 15.47 acres, plus 5.17 acres of
open space
Sales Price
: $38M, or $186.97 per sf
Closing Date
: 10/20
Reception No
: 03480671
Grantor
: FFI CO Coal Creek LLC, Found-
ers Properties LLC, Wade Lau, pres., 952-
656-4604, 10350 Bred Road West, Min-
netonka MN 55343
Grantee
: TFG Coal Creek Property LLC,
c/o Tritower Financial Group, Tod Brain-
ard, partner/director of acquisitions, 781-
222-5900
Comments
: Boulder County Assessor:
Tract Ais open space and contains 5,979 sf;
Tract B is open space (conservation ease-
ment) and contains 5.03 acres; A & B are
open space parcels and contain 5.09 acres;
826 Coal Creek Drive (Lot 2) is a 79,533-sf,
two-story office building on 5.75 acres;
858 Coal Creek Drive (Lot 1) is a 78,422-sf,
two-story office building and contains 4.92
acres; 867 Coal Creek Drive (Lot 5) is a
52,724-sf, two-story office building on 3.89
acres. Lot 6 is a vacant site with 0.91 acres,
or 15.47 net usable acres. The three build-
ings total 210,679 sf. The anchor tenants
areMetronic, CableLabs. TimRichey, Mike
Winn and Chad Flynn of CBRE negotiated
the sale of this property. Property sold in
2011 for $32M.
Property Location
: 4990 Osage Drive &
4817-4927 Thunderbird, Boulder, ”Osage
One Hundred Apartments”
Property Description
: 203-unit (5 build-
ings), two- & three-story apartment
complex with 149,055 rsf, YOC 1974, 79
1-bedroom units, 121 2-bedroom units & 3
3-bedroom units
Land Size
: 4.48 acres
Sales Price
: $24.28M, or $119,606 per unit,
or $162.89 per sf
Closing Date
: 7/28
Reception No
: 03463426 & 03463427
Grantor
: Osage One Hundred LLP, Kath-
leen A. Cole, ptnr., Edwards CO
Grantee
: Boulder Osage LLC, c/o
Michaels Organization, 856-596-3008, John
J. O’Donnell, pres., & Element Properties
Inc., Scott Holton, 303-551-0616, & Kevin
Knapp, 303-327-9301
Financing
: $29.3M payable to Suntrust
Bank, due 7/28/16, and two subordinate
loans of: 2) $2.11M payable to city of
Boulder & 3) $6.14M@ 2.74% payable to
Affordable Housing Fund, due 7-31-55
Comments
: Transaction handled by CBRE
Inc. multifamily team. The transactionwas
also facilitated by city of Boulder Division
of Housing, Christin Hyser, 303-441-4187.
Scott Holton & Kevin Knapp of Element
are the local managing partners in the
deal. According to Hyser, the apartments
averaged approximately 750 sf each. The
two deeds included $8.09M from Osage
One Hundred LLP to Boulder Osage LLC
and included fee simple interest into Lot
2, Thunderbird Subdivision & $16.19M
and conveyed, fee simple, Lots 3, 4, Blk 11,
Keewaydin, & Lot 1, Thunderbird Subdi-
vision.
Property Location
: 5550 Airport Blvd.,
Boulder
Property Description
: 168,043-sf indus-
trial manufacturing building, YOC 1991
Land Size
: 20.4 acres
Sales Price
: $14.61M, or $86.97 per sf
Closing Date
: 9/9
Reception No
: 03472512
Grantor
: Amgen Boulder Production Co.,
James Kilcourse, pres., &DavidW. Meline,
EVP & CFO
Grantee
: Medimmune LLC, One Medim-
mune Way, Gaithersburg, MD 20878, attn:
Pam Cheng, EVP-Operations
Comments
: Buyer is a member of the
AstraZenaca Group. Cory Matthews is
part of the real estate team for the buyer.
The sale was handled by Mike Winn &
Tim Richey of CBRE Inc.
Property Location
: 371 Centennial Blvd.,
Louisville
Property Description
: 73,485-sf, two-story
office building, YOC 2000, fractured block
& masonry construction
Land Size
: 5.07 acres
Sales Price
: $12.8M, or $174.19 per sf
Closing Date
: 9/2
Reception No
: 03471555
Grantor
: 371 Centennial Office LLC, c/o
Real Capital Solutions, Graham Riley, VP,
& Sharon K. Eshima, mgr., 303-466-2500
Grantee
: State Board of Land Commis-
sioners, 1127 Sherman St., Ste. 300 Denver
80203-2206
Comments
: Geoff Baukol of CBRE Inc.
handled the transaction. The assessor
The Winslow Report
