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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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Parker Square Medical Office Building Trades For $2,100,000

Parker, CO - NavPoint Real Estate Group is pleased to announce the sale of the 13,674 SF Medical office building at 19641 E Parker Square Drive in Parker. The seller was Parker Square Medical Center, LLC, A Colorado Limited Liability Company. The Purchaser was Nalu, LLC., A Colorado Limited Liability Company By Texas Escrow Company, Inc. Matt Call and John Witt of NavPoint Real Estate Group represented the buyer. Patricia Wassik of Health Connect Properties, Inc., represented the seller. This transaction successfully closed June 25, 2014 for $2,100,000. This asset has convenient access to Denver via E-470, Parker Road or Lincoln Ave, and is in close proximity to Parker Adventist Hospital. The class B medical professional office building is highly visible from South Parker and Hilltop Road, surrounded by numerous retail services and restaurants. The building was constructed in 1984 and is comprised of 2.027 Acres.

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Class A Park Centre Professional Office Building Trades for $6,750,000

Westminster, CO - NavPoint Real Estate Group is pleased to announce the sale of the 55,019 SF Park Centre Place office building at 12110 N. Pecos Street in Westminster for $6,750,000. This asset has tremendous access to Interstate 25 and E-470. The class A professional office building is well located nearby superb amenities including restaurants, hotels and retail services on N. Pecos Street & 121st Avenue. The building was constructed in 1984 and extensively renovated in 2005. This asset included and additional 2.52 acres for future development or parking. The seller was NBS-121 Pecos Opco, LLC. The Purchaser was Mililani Investments Pecos, LLC. Matt Call and John Witt of NavPoint Real Estate Group represented the buyer. Patrick Devereaux and Jason Schmidt of Jones Lang LaSalle represented the buyer. This transaction successfully closed June 25, 2014.

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Prime Castle Rock Commercial Development Site Trades For $810,000

Castle Rock, CO - NavPoint Real Estate Group is pleased to announce the sale of nearly 5 Acres of prime commercial development property. 1185 Auburn Drive in Castle Rock is located at a major traffic arterial near Wolfensberger and Interstate 25. This property has few site requirements, minimizing development costs and allows for a wide variety of uses. The seller was Pacific Investments, LLC., and was represented by Matt Call and Heather Taylor of NavPoint Real Estate Group. The buyer was Daniel Frank owner of Auburn Castle Partners, LLC. This property sold for $810,000 or $3.72 per square foot, on June 18, 2014.

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Single Tenant Industrial Building Trades for $2.231 Million

Aurora, CO - NavPoint Real Estate Group is pleased to announce the sale of the 20,000 SF Industrial Building located at 14777 E. 35th Place in Aurora for $2,231,000. This asset is well located less than 1/2 mile from I-70 near N. Chambers Rd. The building was constructed in 2006 and includes a fenced, paved, secured yard. This investment property has a national credit tenant with several years remaining on the initial lease. The seller was Horizon One, LLC, an entity managed by local real estate developer and investor Joe Niebur. The Purchaser was Merritt 777, LLC, a Colorado limited liability company. Matt Call of NavPoint Real Estate Group represented the seller in the transaction. Sam Ledger and Tim Finholm of Unique Properties, Inc., represented the buyer. This transaction successfully closed July 8th, 2014.

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Multi-Tenant NNN Retail Investment Trades For Over $1.9 Million

Aurora, CO - NavPoint Real Estate Group is pleased to announce the sale of Sunburst Plaza, the Multi-Tenant NNN Investment property at 16300-16342 East Quincy Avenue in Aurora. This property located at the corner of Quincy and Memphis in Aurora traded for $1,947,000 and successfully closed June 30th 2014. The Multi-Tenant retail entities include 7-11 Gas and Convenience Store, Cross Fit South Aurora, Pro Martial Arts, NAPA Plummer's Automotive, and Quincy Liquor Store. The seller was E. Sam Fishman who was represented by Heather Taylor with NavPoint Real Estate Group. The Purchaser was Ellas Sunburst LLC, a Colorado limited liability company and was represented by Jessica Whitehall with Boulevard Real Estate Services.

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Prime Commercial Development Site Trades For Over $800,000

Castle Rock, CO - NavPoint Real Estate Group is pleased to announce the sale of the nearly 5 Acres of prime commercial development. 1185 Auburn Drive in Castle Rock is located at a major traffic arterial near Wolfensberger and Interstate 25. This property has few site requirements, minimizing  developing costs and allows for a wide variety of uses.  The seller was Duke and Mitsie Schamel owner of Pacific Investments, LLC., and was represented by Matt Call and Heather Taylor with NavPoint Real Estate Group. The buyer was Daniel Frank owner of Auburn Castle Partners, LLC. This property sold for $810,000 on June 18th 2014. 

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NavPoint Real Estate Group Adds New Broker

NavPoint Real Estate Group is pleased to introduce Jason Liesegang as the latest edition to our growing Brokerage Services team.  Jason is an active member of Denver Metro Commercial Association of Realtors (DMCAR), active in the Mile Hi Exchangers (MHE/1031s) and a candidate for the Certified commercial Investment Member (CCIM) .  As a graduate from Emory University with a B.A in Economics, Jason will use his knowledge of investment and business consulting to successfully negotiate transactions for myriad NavPoint Clients.

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Golden Automotive Repair Facility Trades for $545,000

Golden, CO - NavPoint Real Estate Group is pleased to announce the sale of the 2,014  SF Automotive Repair Facility located at 1901 Jackson Street in Golden.  Johnny's Garage LLC., purchased this asset for $545,000. The seller, John R. Letts was represented by Heather Taylor and Matt Call with NavPoint Real Estate Group.  The buyer, Tim Prior was represented by Matt Ritter with Pinnacle Real Estate.  The transaction successfully closed May 20th 2014.

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