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Revesco Acquires Three Buildings in Arvada, CO

Revesco Properties struck a deal with Jamis Properties to acquire three buildings in Olde Town Arvada, CO. The trade went down between the buyer and seller – both Denver-based – for $6.5 million.

The portfolio consists of:

  • The 24,876-square-foot mixed-use 5773-5777 Olde Wadsworth Blvd.
  • The 5,200-square-foot Olde Wadsworth Blvd., a restaurant property.
  • The 5,313-square-foot 5790 Yukon St., which houses a creative office and clothing store.

The new owner plans to improve the properties by updating the courtyards and patios at 5773-5777 Olde Wadsworth, as well as making additional capital improvements to all the properties. The buyer will also manage the properties.

Dax Gitcho, with NAI Shames Makovsky, represented Jamis Properties in the off-market transaction.

For comments, questions or concerns, please contact Amy Sorter


Inside The Story

Read More at Colorado Real Estate JournalConnect with Revesco PropertiesConnect with Jamis Properties

About Mark El-Rayes

Mark El-Rayes is an award winning designer and photographer from Beirut, Lebanon. El-Rayes has over 15 years in the design industry, 5 years of which he served as a Mass Communication Specialist in the United States Navy at Naval Air Station North Island, Navy Public Affairs Support Element - West (NPASE). El-Rayes is a full-stack developer, seo specialist, photographer, and artist.

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