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NavPoint Real Estate Group Executes Sale of Melbourne International Hotel & Hostel

Denver, CO - NavPoint Real Estate Group is pleased to announce the sale of Melbourne International Hotel & Hostel, at 607 22nd Street and 2209 Welton Street in Denver, for $1,500,000. This 10,756 SF two story building can be redeveloped allowing up to 12 stories for retail, office and residential uses, and has potential for on-site parking, or continue to be operated as retail and a youth Hostel. The seller was Schmitt Family Trust, and the buyer was Welton Corner, LLC, a Colorado limited liability company. Matt Kulbe of NavPoint Real Estate Group represented the buyer. This transaction successfully closed October 14, 2014.

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NavPoint Real Estate Group Sells 1.56 Acres in Castle Rock

Castle Rock, CO - NavPoint Real Estate Group is pleased to announce the sale of 1.56 Acres on the northwest corner of 8th and Kinner in Castle Rock, for $410,000.00. This site is located in Douglas County adjacent to the I-25 and Wolfsenberger interchange. The seller was WG Enterprises Inc., and the buyer was Tototlan LLC, a Colorado limited liability company. Matt Call of NavPoint Real Estate Group represented the seller. This transaction successfully closed September 23, 2014.

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NavPoint Real Estate Group Executes Lease of 5,008 SF Childcare Facility

NavPoint Real Estate Group is pleased to announce Little Folks Learning Center, LLC., executed a lease of 5,008 SF of office/retail space plus a playground at 925 S. Niagara St., Suite 100 in Denver, for 5 years. This property is located near Cherry Creek Shopping District, on the corner of E. Kentucky Ave and S. Niagara Street. The daycare space is located on the ground floor of the 63,170 SF recently renovated multi-tenant office building consisting of 5 large classrooms, kitchen, directors office, private entrance with reception, a playground, laundry room and storage areas. Matt Kulbe and Heather Taylor of NavPoint Real Estate Group represented the landlord. This lease was executed in September.

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NavPoint Real Estate Group Executes Lease Transactions Across Metro Denver

NavPoint Real Estate Group is pleased to announce recent lease transactions across Metro Denver

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NavPoint Real Estate Group Executes Lease of 7,910 SF in Arvada

NavPoint Real Estate Group is pleased to announce CB Fence, Ltd., executed a lease of 7,910 SF of office/industrial flex space in Marshall Office Park, located at 6385 W 52nd Ave Unit 3 in Arvada, for 5 years. CB Fence, Ltd., has over twenty years experience in the fencing industry, specializing in all facets of commercial fence installation. Marshall Office Park is conveniently situated at the Northeast corner of West 52nd Avenue and Marshall street, one block north of the I-70 corridor. Heather Taylor and Matt Call of NavPoint Real Estate Group represented the landlord. This lease was executed in August.

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NavPoint Real Estate Group Sells 2.046 Acres in Brighton

Brighton, CO - NavPoint Real Estate Group is pleased to announce the sale of 2.046 Acres on the southwest corner of Highway 7 & Elmira Street, known as Hi Land Acres for $170,000.00. This site is located in unincorporated Adams County and fronts Highway 7. The seller was Beverly D. Bernard Living Trust and the purchaser was PROV 356. Matt Call and Heather Taylor of NavPoint Real Estate Group represented the seller. This transaction successfully closed September 8, 2014.

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NavPoint Real Estate Group Leases 16,000 SF at Caprice Commerce Center

Rocky Select Volleyball Club, LLC., executed a five year lease of 16,000 SF of class A industrial/flex/retail space at 158 Caprice Court Suite A, in Caprice Commerce Center in Castle Rock, Colorado. Rocky Mountain Select Volleyball Club is dedicated to providing the best possible environment for volleyball players to reach their maximum potential through coaching, training and support. Caprice Commerce Center is a newly constructed class A building with attractive high image construction and huge I-25 visibility with nearly 100k VPD. Matt Call of NavPoint Real Estate Group represented the landlord. Pete Staab and Tyler Johnson of NGKF represented the tenant. This lease executed in August.

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Castle Rock Office Condo Sells for $315,000

Castle Rock, CO - NavPoint Real Estate Group is pleased to announce the sale of the 3,545 SF office condo at 1025 S. Perry Street, Unit 101-B. The seller was International Network Of Children's Ministry, Inc., A Colorado Non Profit Corporation. The Purchaser was Berelli LLC, A Colorado Limited Liability Company. John Witt and Heather Taylor of NavPoint Real Estate Group represented the seller. This transaction successfully closed September 8, 2014 for $315,000.

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Denver Industrial Building Trades for $2,050,000

Denver, CO - NavPoint Real Estate Group is pleased to announce the sale of the 20,200 SF industrial building situated on 1.3 Acres at 4300 Forest Street in Denver. The seller was Parker's Real Estate Holdings, LLC, a Colorado limited liability company. The Purchaser was AZCOLO, LLC, a Colorado limited liability company. Matt Kulbe of NavPoint Real Estate Group represented the seller. Brad Larson of Larson & Associates represented the buyer. This transaction successfully closed August 22, 2014 for $2,050,000. This asset is centrally located two blocks east of Colorado Boulevard, with excellent access to C-470.

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Recent Lease Transactions Across Metro Denver

NavPoint Real Estate Group is pleased to release the details of our recent lease transactions throughout the Metro Denver Area. 

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