New single-tenant retail buildings in Thornton sell at 5.8 percent cap rate

https://crej.com/news/new-single-tenant-retail-buildings-in-thornton-sell-at-5-8-percent-cap-rate/ 1. Property Location: 581 W. 84th Ave., Thornton Property Description: 3,044-sf retail building, YOC 2018 Land Size: 19,602 sf Sales Price: $2.48M, or $813.07 psf Reception No.: 4828 2019 Closing Date: 1/18/2019 Grantor: Evergreen-88th& Fox LLC by: Evergreen Devco Grantee: VEB Properties (Virginia E. Bright, mgr.), Le Grand, CA 95333 Financing: $510,000 payable to First Savings Bank, Henderson, NV Comments: Listed by Zach Wright, [...]

By |2021-07-02T18:48:56-07:00January 31st, 2019|News|Comments Off on New single-tenant retail buildings in Thornton sell at 5.8 percent cap rate

Evergreen Devco acquires retail site in Thornton for $1.76 million

https://crej.com/news/evergreen-devco-acquires-retail-site-in-thornton-for-1-76-million/ Comp of the Day: Property Location: NEC E. 144thAve. & Washington St., Thornton Property Description: Vacant, proposed retail center Land Size: 5.857 acres Sales Price: $1.77M, or $6.92 psf Reception No.: 20180004188 Closing Date:12-28-18 Grantor: Big Dry Creek Investors LLC, c/o Stargate School, Calley Herzog, pres.) Grantee: Evergreen-144thWashington NEC LLC Comments: Tract D1, Stargate Charter School Subdivision Amendment No. 1; see [...]

By |2021-07-02T18:48:57-07:00January 23rd, 2019|News|Comments Off on Evergreen Devco acquires retail site in Thornton for $1.76 million

Erie approves Nine Mile deal with Lafayette, despite concerns

https://www.dailycamera.com/2019/01/22/erie-approves-nine-mile-deal-with-lafayette-despite-concerns/ Erie leaders on Tuesday approved the town’s half of a sweeping intergovernmental agreement with neighboring Lafayette, a deal that would settle years-long litigation over the Nine Mile Corner development and set the stage for a decade of post “border war” relations. It wasn’t without some parting shots. A stipulation in the deal that would [...]

By |2021-07-02T18:48:57-07:00January 22nd, 2019|News|Comments Off on Erie approves Nine Mile deal with Lafayette, despite concerns

Stapleton retail site sells to Evergreen Devco for $11.45 per square foot

https://crej.com/news/stapleton-retail-site-sells-to-evergreen-devco-for-11-45-per-square-foot/ Comp of the Day: Denver County Property Location: NEC Central Park Blvd. & E. 56thAve., Denver Property Description: Vacant retail site Land Size: 6.8 acres Sales Price: $3.39M, or $11.45 psf Reception No.: 2018152093 Closing Date: 11/28 Grantor: FC Stapleton II LLC (Jim Chrisman, VP) Grantee: Evergreen 56th& Central Park LLC, c/o Evergreen Devco Inc., Tyler Carlson, EVP 303-757-0401 [...]

By |2021-07-02T18:48:57-07:00December 18th, 2018|News|Comments Off on Stapleton retail site sells to Evergreen Devco for $11.45 per square foot

Steer Your Business Toward Greater Success With Four Simple, Effective Strategies

If someone asked you what Lily Tomlin and Winston Churchill have in common, you might have a hard time coming up with an answer. In many ways they seem to be polar opposites, but both were quoted in an article I read recently by Sir Richard Branson about inspirational quotes on success. The article inspired [...]

By |2021-07-02T18:48:57-07:00November 14th, 2018|News|Comments Off on Steer Your Business Toward Greater Success With Four Simple, Effective Strategies

Phoenix sees significant increases in apartment rents

Average monthly rent for Phoenix apartments over the past 18 months increased at a rate that ranked in the top five for major U.S. cities, according to a new study by RENTCafe. Phoenix saw a 6.8 percent increase in average monthly rent, from $933 to $996, based on data collected from January 2017 through July [...]

By |2021-07-02T18:48:58-07:00September 6th, 2018|News|Comments Off on Phoenix sees significant increases in apartment rents

Phoenix Developer on a Roll, has $132M Phoenix-area Construction Projects on his Plate

By Angela Gonzales – Senior Reporter, Phoenix Business Journal Sep 4, 2018, 5:00am Evergreen Devco Inc. broke ground on a $40 million apartment luxury apartment complex in South Phoenix — a local development hot spot. The 258-unit project, Parc at South Mountain, will be built on 10.88 acres at 3400 E. Southern Ave. Andrew Skipper, [...]

By |2021-07-02T18:48:58-07:00September 4th, 2018|News|Comments Off on Phoenix Developer on a Roll, has $132M Phoenix-area Construction Projects on his Plate
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