Sale is Part of Denver Community Churchs Strategic Plan to Secure New Location
January 24, 2022
DENVER - Transwestern Real Estate Services (TRS) announces the sale of 1101 S Washington St., an 18,155-square-foot church, for $3.1 million. Transwestern’s team of Kevin McKinnon and Craig Paton represented the seller, Denver Community Church (DCC), in the disposition to Restoration Church. The transaction is part of DCC’s strategic plan to secure a new location.
“Denver Community Church has served the Wash Park community for 20 years, and while we continue to welcome our Wash Park family, many who call Denver Community Church home live throughout Denver and beyond the city limits. This created a need to find a location that serves us and our mission better moving forward,” said Jon Gettings, executive pastor for DCC. “As we pursue deeper connection and greater spiritual health in our community, a new location will better address the evolving needs of our community and allow us to serve our city and beyond.”
“Craig and I have been very grateful for the opportunity to support Denver Community Church in transitioning the Washington Park property to a new faith community,” said McKinnon, Senior Vice President at Transwestern. “We are pleased that Transwestern will continue to serve DCC in the acquisition of their new location. While the search is still underway, we are currently targeting the area between Speer and University Boulevard, which offers excellent proximity to I-25.”
Denver Community Church’s Uptown location at 1595 Pearl St. is currently being marketed for sale by Transwestern. The 23,579-square-foot church is desirably located in North Capitol Hill and includes an 18,920-square-foot parking lot that can be sold with the church or separately. “The accompanying parking lot is ideal for multifamily development, given the red-hot market right now in Denver,” McKinnon noted.
Savills’ Todd Roebken represented Restoration Church in the transaction.
About Transwestern Real Estate Services
Transwestern Real Estate Services (TRS) adds value for investors, owners and occupiers of all commercial property types through a comprehensive perspective and by providing solutions grounded in sound market intelligence. Part of the Transwestern companies, the firm applies a consultative approach to Agency Leasing, Asset Services, Tenant Advisory + Workplace Solutions, Capital Markets, and Research & Investment Analytics.
The privately held Transwestern companies have been delivering a higher level of personalized service and innovative real estate solutions since 1978. Through an integrated, customized approach that begins with good ideas, the firm drives value for clients across commercial real estate services, development, and investment management. Operating from 33 U.S. offices, Transwestern extends its platform capabilities globally through strategic alliance partners whose unique geographic, cultural, and business expertise fuels creative solutions. Learn more at transwestern.com and @Transwestern.
About Denver Community Church
Denver Community Church began when a group of people felt led to move to Denver to start a church that would be so involved in the community that the only appropriate name would be Denver Community Church (DCC). First gathering together in the spring of 2001 DCC had a lasting theme to explore and participate in the life of Jesus, so that all may be a healing presence in our world. DCC’s story is still being told, but it is not just one story; it is hundreds of stories from hundreds of people – stories of life change, healing, redemption, justice, and joy. It is the story of the Church – not brick and mortar – but people who live out the reality of God being everywhere.