Colorado Real Estate Journal - January 21, 2015
Adams County17010 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 Partnership) Comments: Property is located at the NEC 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’Reilly Auto 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, Chicago IL 60606-0116 Comments: Going-in cap rate was 6.5% with 10 years remaining on lease. Property Location: 1565 Moline St., Aurora 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, Morbro 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 containing 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, Morbro 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 Veterans of Foreign Wars Grantee: Guadalupe Guzman and Domitila 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 apartment area. Includes dining hall, commercial 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., Westminster 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 Development LLC Grantee: BP Venture Five LLC (Dean Pisciotta, mgr.) Comments: Proposed Brakes Plus automotive store. E/S Prairie Center Parkway, 200 feet south of East 152nd Avenue. Arapahoe County Property Location: 10731-71 E. Easter Ave. & 10730-70 E. Briarwood Ave., Centennial Property Description: Four single-story office buildings totaling 209,264 sf, masonry 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 LBA Realty LLC (Steve Layton, mgr.), 3347 Michelson Drive, Ste. 200, Irvine CA 92612, 949-833-0400 Grantee: Briarwood Acquisition LLC, c/o Lakestar Properties LLC (Menashe Frankel, mbr., and Yeheskel Frankel, mbr.), 40 Airport Road, Lakewood, NJ 08701 Financing: $25M, payable to Morgan Stanley 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 Capital 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. Brutten 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. Pennsylvania 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 Investment 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, singlestory 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 available 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. 36th Ave.; 7305 E. 35th Ave.; 7505 E. 35th Ave.; 7306 E. 36th Ave.; 7757 E. 36th Ave.; 7606-7607 E. 36th Ave., Denver, “Quebec Square” Property Description: 149,697-sf shopping 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 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 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 Center, which includes Home Depot and WalMart, contains 62.61 acres with 3,252 parking 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 WalMart) 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 $52.25M with 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 (approximately) 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 warehouse, 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 Boulevard, 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.Otis, mgr.), Greeley Comments: NEC of East Mississippi Avenue and South Colorado Boulevard. The location is occupied by John Elway Chevrolet and Mike Shaw Saab Dealership. Buyer is listed as an attorney based out of Greeley, 970-330-6700. Property is located on adjacent NEC of South Colorado Boulevard and East Mississippi Avenue, and also contains a parcel (1030 S. Colorado Blvd.) in Arapahoe County. There is a 33,078-sf dealership building built in 1966 and updated; a 27,381-sf dealership building constructed in 1977; and a 1,302-sf building and a 5,109-sf building constructed in 1977 that lie in Arapahoe County, on 11,552 sf. Interim use is auto dealership with highest and best use most likely a major retail redevelopment in the next year(s). Property Location: 5580-5588 Havana St., Denver Property Description: 64,866-sf warehouse, metal const., YOC 1983 Land Size: 3.36 acres Sales Price: $3.8M, or $58.58 per sf Closing Date: 12/22 Reception No. 2014156885 Grantor: First California Investments, GP (Robert D. Wolfe, gen. ptnr.) and Ganz Investment Co. (Steven Ganz, ptnr.) Grantee: 80 South Santa Fe Dev. (David S. Mosteller) 303-342-9000, Ext. 1101 Financing: $4.41M, payable to Vectra Bank, NA, Comments: Seller email is skyportdevco@ cs.com, or 303-806-9222. Space was being marketed by Newmark Grubb Knight Frank @ $4.95 per sf, NNN. Listing broker shows building size at 5580 Havana St. to be 37,458 sf, with 5588 Havana St @ 28,655 sf, or a total of 66,113 sf. Chris Nordling, Russell T. Gruber and Steve Fletcher are the listing brokers. Property Location: 735 W. Bayaud Ave., Denver Property Description: 42,621-sf warehouse, masonry const., YOC 1960 Land Size: 84,465 sf Sales Price: $3.3M, or $77.43 per sf Closing Date: 12/23 Reception No. 2014156960 Grantor: 80 South Santa Fe Dev. (David S. Mosteller) 303-342-9000, Ext. 1101 Grantee: G & J Bach Properties LLC (Gregory S. Bach, mgr.) 303-778-0925 Financing: $3.3M, due 6/23/15, payable to Vectra Bank, NA, construction loan in amount of $4.41M, payable to Vectra Bank Colorado, NA, encumbers 5580-5588 Havana St., Denver Comments: Located on NEC of South Santa Fe Drive and West Bayaud Avenue, this property is zoned I-B. Seller email is skyportdevco@cs.com, or 303-806-9222. Buyer is president of Oios Metals, which has been a tenant in the building. See 1031 exchange from this property (seller) to 5580 Havana St. Property Location: 1228 E. Colfax Ave & 1232-1244 E. Colfax Ave., Denver Property Description: 9 1-bed condo units ranging from 580 sf to 755 sf and 1 2-bed/2- bath unit @ 1,261 sf, totaling 6,387 sf; 2,097-sf commercial condo (unit 10) with 5 parking spaces; 1,901 sf retail condo, YOC 1940; 917-sf retail condo, YOC 1940; 962-sf retail condo, YOC 1940; 768-sf retail condo, YOC 1940; 6,093-sf strip center, YOC 1929 (located at 1244 E. Colfax Ave.) Land Size: 15,625 sf Sales Price: $3.32M, or $172.55 per sf Closing Date: 12/19 Reception No. 2014155955 Grantor: Rosenstock Place LLC (Blair E. Richardson, mbr.) Grantee: 771 Bellaire LLC (Ryan Floyd) 21.19%; HT II LLC (Kevin Higgins) 41.13%; 3620 Ingalls St LLC (Jason Koch) c/o Unique Properties LLC, 303-321-5888 Financing: $2.38M, due 1/1/2021 payable to Guaranty Bank (71.6% LTV) Comments: Buyers were represented by their own company, Unique Properties LLC. Property is a mixture of 9 residential condos and 4 retail condos, 1 strip center and 5 parking places. Property Location: 1470 Ivy St., Denver, “Ivy Flats” Property Description: 17-unit, 3-story brick apt., 11,523 sf, YOC 1949 Land Size: 10,938 sf Sales Price: $2.25M, or $132,353 per unit, or $195.26 per sf Closing Date: 12/19 Reception No. 2014155301 Grantor: Rudy Lou LLC (Donald E. Werner, mgr.) 720-529-9855 Grantee: Ivy Flats LLC, 2735 Fifth St., Boulder, CO 80304, attn: Dee Neitzel, mgr. Financing: $1.69M, due 1/1/2045, payable to JPMorgan Chase Bank, LTV 75% Comments: Five 1-bed units @ 600 sf, rent $940/mo.; 11 2-bed/1-bath @ 700 sf, rent for $1,136/mo.; one 2-bed/2-bath, rent for $1,250 sf, with average rent per sf @ $1.60. Expenses are estimated by broker at $3,176 per door, or $4 per sf with going-in stabilized cap rate of 6.9%. Building was completely renovated in 2014. Apartments were listed and sold by John Laratta of Berkadia Real Estate Advisors, 303-607- 0025, or john.laratta@berkadia.com Property Location: 4152-4156-4158 Tennyson St., Denver Property Description: 810-sf house, YOC 1926; 1,044-sf house, YOC 1904; Land Size: 9,508 sf land Sales Price: $1.05M, or $110.01 per sf Closing Date: 12/19 Reception No. 2014156860 Grantor: Mark Meiser, 7963 E. Maple Ave., Denver, CO 80230 Grantee: Stephen J. Titus, Greg Smith and Holly Jane Hill Financing: $784,500, due 12/22/2015, payable to FirstBank (LTV 75%) Comments: Listed by Cherry Creek Properties and zoned U-MX-3. Properties generate $2,800 per month rental. Land value, as residential properties may be interim use. Property Location: W/S Niagara St., 50 feet South of E. First Ave., Denver Property Description: 10 vacant lots Land Size: 41,836 sf Sales Price: $1.04M, or $103,500 per lot, or $24.74 per sf Closing Date: 12/12 Reception No. 2014155255 Grantor: Lowry Economic Redevelopment Authority, 7290 E. First Ave., Denver, CO 80230, attn: Montgomery C. Force Grantee: B-One Lowry LLC, 10630 E. Bethany Drive, Ste. B, Aurora, CO 80014 Comments: Lots 5-14, Block 2, Boulevard One Filing No. 1, see 2014105351. Property will be used for 10 for-sale single-family detached units having a minimum base price of $450,000. Property Location: NEC of Wabash St. & E. 54th Pl. (Lots 5-12, Block 8); NEC Prairie Meadow Dr. & Verbena Way (Lot 15, Block 21) Property Description: 9 vacant lots Land Size: 68,714 sf Sales Price: $1.09M, or $120,844 per lot, or $15.83 per sf Closing Date: 12/4 Grantor: FC Stapleton II LLC (John S. Lehigh, press) Grantee: Parkwood Homes – Stapleton III (Stephen C. Wilcox, pres.) Financing: $870,048, payable to seller, due 12/3/15 Comments: Lots 5-12, Block 8, Lot 15, Block 21, Stapleton Filing No. 45, filed on May 9, 2014, by reception no. 2014052885. The average lot size is 7,639 sf. Property Location: 610 S. Lipan St., Denver Property Description: 9,132-sf office, brick const., YOC 1959 Land Size: 16,500 sf Sales Price: $635,000, or $124.93 per sf Closing Date: 12/12 Reception No. 2014146693 Grantor: Atlas Investment Company LLC (John Butler, mgr.) Grantee: ECO Real Estate LLC (Dylan Lucas and Ryan Nichols, mgrs.) Financing: $476,250 payable to Steele Street Bank & Trust (75% LTV) Comments: Buyer is owner occupant and the company name is ECO Roof and Solar, Inc., 303-484-9854. There are 16 parking spaces and the building was renovated in 2004. There is one drive-in door; includes 8,500-sf office area and 632-sf storage warehouse area. Property Location: W/S Oneida St., 50 feet South of E. First Avenue, Denver Property Description: 5 vacant residential lots Land Size: 29,449 sf Sales Price: $552,000, or $110,400 per lot, or $18.74 per sf Closing Date: 12/23 Grantor: Lowry Economic Redevelopment Authority (Montgomery C. Force) Grantee: Wonderland at Lowry LLC, 8246 Northfield Blvd., Ste. 2600, Denver, CO Comments: Lots 7-12, Block 5, Boulevard One Filing No. 1 at reception no 2014105351. Lots are finished and shovelready. Water and sewer taps to be paid by grantee. Douglas County Property Location: 10016 Commons & 10005 Commons, Lone Tree, “Lincoln Commons Shopping Center” Property Description: 1) 48,620-sf (5-building) shopping center, masonry const., with 0.698-acre pad site, YOC 2010; 1.1-acre pad site; 1.726-sf pad site; 2) 17,587-sf shopping center, YOC 2005, and 8,184-sf parking structure, YOC 2005 Land Size: 1) 9.05 acre site plus 3.53 acres in 3 pad sites; 2) 0.66 acres Sales Price: $32M, or $493.62 per sf Closing Date: 12/18 Reception No. 2014156860 Grantor: 1) Lincoln Commons North, Inc. 2) Lincoln Commons West, Inc. (Robert Asselbergs, pres.) c/o Coventry Development Corp., 10270 Commonwealth St., Lone Tree, CO, 720-279-2581 Grantee: TKG Lincoln Commons, c/o Kroenke Group, 211 North Stadium Blvd., Columbia, MO 65203, attn: (Otto Maly), 573-443-3200 or rottomaly@malyrealty. com Financing: $25M, due 12/31/2016, payable to Bank of Oklahoma (78.1% LTV) Comments: 24,179-sf retail store (Sprouts); 4,824-sf retail store (Chateau Liquors); 7,161-sf retail store (Runners Roost and Qdoba); 5,501-sf retail store (Garbanzo and Super Clips); 6,955-sf retail building (Firehouse and Five Guys). 10016 Commons St. sold for $24 million, or $493.62 per sf; and 10005 Commons sold for $9 million, including a 17,587-sf shopping center and 8,184-sf parking structure, reflecting $349.23 per sf, including the parking structure. The two transactions totaled $32 million and contained 74,391 sf, or $430.16 per sf. Blake Skinner of Legend Retail Group has the three pad sites available, 720-529- 2989. Property Location: 864 Barranca Dr., Castle Rock, “Metzler Memory Care” Property Description: 30,391-sf assistedliving facility, brick/frame const., YOC 2010 Land Size: 1.36 acres Sales Price: $9.8M, or $322.46 per sf Land-to-Building Ratio: 1.95:1 Closing Date: 12/4 Reception No. 2014070876 Grantor: Castleview Memory Center LLC by: MSG Memory Care LLC (Dennis G. Southwick, mgr.) 9255 E. Vassar Ave., Denver Grantee: JVCO Real Estate Investments Inc., 2829 Townsgate Road, Ste. 350, Westlake Village, CA 91361, attn: Wendy Simpson, CEO, 805-981-8655 Comments: There are four separate facilities depending on the level of care needed for the client. There are a total of 48 units. This was operated by Senior Lifestyle Corp. since 1985. The buyer is a division of LTC REIT. It recently purchased 615 units in 16 transactions for a total of $26.5 million, not including this property. The subject property is leased to affiliates of Anthem Memory Care under an existing 10-year master lease. Anthem is based out of Lake Oswego, Oregon, 503-924-8777 (Mark Rockwell). Property Location: 391-393 Inverness Parkway, Englewood Property Description: 1) 46,659-sf, 3-story office, YOC 1999; 2) 29,651-sf 2-story office, YOC 1982 Land Size: 5.64 acres Sales Price: $8.5M, or $111.39 per sf Land-to-Building Ratio: 3.22:1 Closing Date: 12/15 Reception No. 2014073617 Grantor: Lepaw LTDF (S. Lee Woodward, mgr.) 303-789-2111 or lee@lepaw.com Grantee: Latisys-Denver LLC, 393 Inverness Pkwy., Englewood, CO, 303- 268-1470 Comments: The buyer is a Denver Data Center Colocation, which has been a tenant in the building. The building has approximately 70% raised-floor space and the office space was leased to Latisys before it acquired the building. The two buildings are connected. Property Location: NE/S Hilltop Rd., approximately ½-mile SE of N. Crest View Dr. Property Description: 117 residential lots (average 1.6 acres each) Land Size: 186.62 acres Sales Price: $6.5M, or $55,556 per lot, or $34,830 per acre Closing Date: 12/15 Reception No. 2014076403 Grantor: LSC Tallman Colorado LLC (Jon H. Walker, VP of NBH Bank, NA) Grantee: Craft – AREP III Tallman Associates, 1645 Grant St., Ste. 200, Denver Comments: Lots 1-22; Lots 24-27; Lots 29-30; Lots 32-36; Lots 38-121, Tallman Gulch, Filing No. 1. John V. Winslow, CRE, is president of WinComps LLC and has more than 40 years’ experience in commercial realestate. He can be reachedat 720-612-7878 or wincomps2014@gmail.com.The information wasgathered from countyrecords and deemed tobe reliable. Other sourcesof research include brochures and informationverified by owners or listing/selling brokers