The Pipeline: Commercial real estate deals for 5.27.22

Deals of note

Pipeline

Lifetime Windows leased 43,401 industrial square feet at Central Park Business Center in Denver.

  1. 1. Lifetime Windows leased 43,401 industrial square feet at Central Park Business Center at I-70 and Central Park Boulevard in Denver. Jim Bolt, Murray Platt and Todd Witty of CBRE represented the landlord.

2. DB Capital Management purchased the 142-unit Cleo Apartments at 425 S. Galena Way in Denver for $38 million from Lion Lockwood Owner LLC. Dan Woodward, David Potarf, Matt Barnet and Jake Young of Walker & Dunlop represented the seller.

3. ST Arapahoe LLC and other entities purchased 28,461 retail square feet at Arapahoe & Lima Center at 11405 and 11435 E. Briarwood Ave. in Centennial for $8.2 million from HKS Associates LLLP. The property is 91.4 percent occupied. Ryan Bowlby and Drew Isaac of Marcus & Millichap represented the seller.

Pinnacle Real Estate Advisors reports the following deals:

6900 South Bannock LLC purchased the 54-unit Broadridge Apartments at 6900 S. Bannock St. in Littleton for $17.3 million from Palisades Cypress LLC. Andrew Monette represented both buyer and seller.

9990 59th LLC purchased 12 multifamily units at 9990 W. 59th Place in Arvada for $2.4 million from Lynnette Enterprises LLC. Josh Newell and Jake Waxter represented the buyer.

Capstone reports the following deals:

Reliance Multifamily purchased the 51-unit Sunset Ridge at 4100 S. Hooker St. in Sheridan for $12.9 million from Sunset Ridge Veterans Inc. Benton Adams, Sean Holamon, and Adam Riddle represented the buyer and seller.

Mariposa2 LLC purchased 868 Mariposa St. in Denver for $1.4 million from Mariposa Ventures LLC. Christian Burgdorf and Nik MacCarter represented the buyer and seller.

Gruber Commercial Real Estate reports the following deals:

Waste Connections of Colorado Inc. purchased 4150 E. 60th Ave. in Commerce City for $8 million from GI Investments LLC. Russell Gruber represented the seller. Ryan Searle of Cushman & Wakefield represented the buyer.

Highland Properties 1222 LLC purchased the two-building industrial property with fenced yard at 4901 Locust St. in Commerce City for $3 million from The Constance M. Delio Revocable Trust. Steve Fletcher represented the seller. 

4350 Broadway Holdings LLC purchased 5,000 warehouse square feet at 4350 Broadway in Denver for $1.2 million from 4350 N Broadway LLC. Russell Gruber represented the seller.

NorthPeak Commercial Advisors reports the following deal:

3390 S Pearl LLC and other entities purchased six multifamily units at 3390 S. Pearl St. in Englewood for $1.7 million from 3390 S Pearl Owner LLC. Hunter Schaefer represented the seller.

The Zall Company reports the following deal:

Dan Mingle of Sanders and Johnson Heating & Cooling purchased a 6,400-square-foot building that includes a warehouse, office space and apartment units at 4416 Parmalee Gulch Road in Indian Hills for $894,000 from B and K Holdings 1 LLC. Greg Nevins represented the buyer.

Deals from deeds:

A Co Vista 28 LLC purchased 2790 N. Josephine St. in Denver for $11 million from Vista 28 LLC.

Freddy Lynn LLC purchased 2191 S. Platte River Drive in Denver for $1 million from Platte River LLC.

9 Circles Ventures LLC purchased 2745 Welton St. in Denver for $551,269 from DP Assets LLC.

Kerman Investments LLC purchased 3200 N. Downing St. in Denver for $1.8 million from 3200 Downing Street Holding Company LLC.

Malibu Manor LLC purchased 137 W. Broadmoor Drive in Littleton for $5.5 million from Moore Acquisitions LLC.

OSI 805 Salida Way LLC purchased 805 Salida Way in Aurora for $2.8 million from 1st Choice Boat and RV Storage LLC.

Deals of note

Pipeline

Lifetime Windows leased 43,401 industrial square feet at Central Park Business Center in Denver.

A Lowry apartment complex sells for $38 million, Lifetime Windows signs a Central Park industrial lease, and a Centennial retail center fetches $8 million.

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