Arvada Investment Building Sells!

article about Arvada sale

Below is an exert from the Colorado Real Estate Journal. Started by Jon Stern, this publication is Colorado’s only commercial real estate newspaper, in 1992. The journal has been covering our stories for years.

(Source: Colorado Real Estate Journal, April 1-14, 2020, p. 8) Center Land Properties purchased a 20,320 SF medical office building at 5730 Ward Road in Arvada for $2.7 million. Rocky Mountain Primary Care Group is among tenants at the property, which was 88% occupied at the time of sale. Nirvana Properties LLC was the seller. Remington Homes is building a residential neighborhood to the east of the building, and the property received significant activity from investors, said Alex Scott of Fuller Real Estate, who represent- ed the seller with Fuller’s Mike Haley and John Becker. The building was built in 1985.