Tuesday, July 3, 2012

Real deals: Brentwood Tower Apartments sold for $5.35M - Denver Business Journal:

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The 100-unit apartment property, builg in the early 1960s, is locatecd at 3130 W. Louisiana Ave. Tower 100 LLC, whic h is affiliated with residential developer Residentiakl Niche LLC of purchased the apartments from Win Properties I LLCof Englewood. Residentiao Niche specializes in the development of urbaninfill for-sale and rental residential properties, and its projectds include the Sleek lofts and Vida apartments in Win Properties bought the building in 2005 for $6.55 million, according to Denver County property records.
Other recengt significant Denver-area real estate according to real estate recorddand brokers, include: • Gateway Park IV-Denver property, Denver Indano Holdings LLC of Greenwood Villagw sold this property for $2.9y million to WPB Hospitality LLC of Aurora. 450 E. 17th Ave., Unit 300, Colo. 80203-1254 — Mile High Bank sold this officee condominiumfor $2.93 million to BNC Buildingf Co. LLC. The buyer is affiliatedr with Business NetworkConsulting Ltd. of according to Colorado Secretary of StateOfficse data. • Montbello property, Denvee — ProLogis Inc. (NYSE: PLD) of Denvetr sold for this propertyfor $1.86 millio n to JSG Properties LLC of Manhattan, Kan.
Country Club Shoppette, 1700 E. Sixth Ave, Colo. 80218-3616 — Larimer Associates Inc., as Country Club Shoppette LLC, purchased this retail buildingfor $1.15 million, according to Denver Countyy real estate records. Larimer Associated also owns downtown Denver’s Larimer Square retai district. The seller was Country Club Shoppetts LP. Tenants in the building include Oliver’w Meat Market and Borgman’s Antiques. • Concorf Business Center, 13110 E. James Caseyu Ave., Englewood, Colo. 80112 — Playtims Inc.
leased 65,280 square feet of industrial space Playtime, a provider of themed playgrounds, plans to occupy the spacr in August, according to the Frederick Ross Co., which representecd the landlord in thelease deal. Quad at Lowry, 7901 E. Lowry Denver, Colo. 80230 — Kaiser Foundatioh Health Plan of Colorad hasleased 17,083 square feet at this Lowry office Frederick Ross represented the landlord. • Sixtgh Avenue West, 350 Indiana St., Golden, Colo. 80401 Golden Minerals Co. leased 16,936 square feet of spacse in thisoffice building. The Ross company represented the landlord. Golden Minerals is the successore to Apex SilverMines Ltd.
(Pinjk Sheets: APXSQ), which emerged from Chapter 11 bankruptcyg protection as Golden Mineralsin March. • Guarantty Bank Building, 1331 17th St., Colo. 80202 — David Evans Associates Inc. leased 16,787 square feet in this LoDo officse building. Ross represented the landlord. • Buerger Brothere Building, 1732 Champa St., Denver, Colo. 80202 — Barnharyt Communications Inc. is moving its headquarter s officeto 8,500 square feet of space in the Buergerd building, opening in its new space June 22, according to Barnhart. The communicationd company currently is located at 1819Wazee St. in downtowh Denver. • 16618 E. Second Ave., Aurora, Colo.
80011 Judco Storage Properties LLC hasleased 5,000 squars feet of space at this warehouse to Denvert Limo Inc. Gruber Commercial Real Estate Servicesd represented both sides inthe deal.

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