Sale Transaction

Centura Acquires Additional 22 Acres at 144th & I-25 For $5.9 Million

By May 15, 2014 No Comments

Westminster, CO – NavPoint Real Estate Group is pleased to announce the sale of 22.35 acres at the southwest corner of 144th and I-25 in Westminster.  This asset comprised of Parcel 4E within the master planned, mixed use Orchard Park Place commercial development is 22.35 Acres or 973,683 SF and traded for $5,895,650 or $6.05 per square foot.  Located at 14190 Huron Street in Westminster, Orchard Park Place has excellent I-25 access and is conveniently located at the new 144th Avenue interchange and the E-470 toll way with access at 160th Avenue, just south of the more than 1 million square foot Orchard Town Center.  Centura purchased the property for the future expansion of the $250 million St. Anthony’s North Hospital Campus.

This asset successfully closed May 16th, 2014. The seller was Orchard lakes, LLC, a Colorado Limited Liability Company. The Purchaser was Catholic Heath Initiatives Colorado, a Colorado Non-Profit Corporation. Matt Call and Heather Taylor of NavPoint Real Estate Group represented the seller in the transaction.  The buyer was represented by CB Richard Ellis.