Colorado Real Estate Journal - December 16, 2015
A church that bought an Arvada building a year ago created a domino effect that recently culminated in the sales of two church facilities. The National Organization of the New Apostolic Church of North America set the deals in motion with its $1.5 million acquisition of a 10,380-square-foot former printing building at 5290 Vance St. in Arvada. It is renovating the building, adding a sanctuary and meeting rooms, and will move into the space this spring. In preparation for the move, the church just sold its existing, 2,626-sf facility at 11010 Roseanna Drive in Thornton to the Church of Christ at Westminster for $620,000. The Church of Christ simultaneously sold its 13,916-sf church at 11155 Birch Drive in Thornton to Midwest Building Professionals for $825,000. Bob Leino and Andrew Dodgen of Fuller Real Estate handled the sales of both properties. Midwest Building Professionals, a longtime Denver metro area developer, likely will retain the church building and develop an excess 3.5 acres of land that was part of the purchase, according to Leino.