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NWC E Peakview Ave and S Racine Cir, Centennial, CO 80111

$3,395,000Deal Value
709Days to Close
Land DevelopmentIndustry
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Client

Ventura Enterprises, led by Leor and Galit Rozen, a development company with more than 30 years in self storage that is expanding into the Colorado market. Through My Dream Storage CO, Ventura is developing a 57 unit garage condominium community in Centennial in a joint venture with Garage Condos, led by Glenn McWilliams.

01Challenge

Ventura Enterprises set out to buy a 7.04 acre site at Peakview Avenue and Racine Circle in Centennial and build 57 garage condos on it. This was not a simple land purchase. It was a joint venture, so the partners had to work out how the venture itself would be structured on top of the purchase terms. The site plan and entitlements had to be resubmitted to the City of Centennial, construction had to be rebid, and the land closed across four parcels in two separate transactions.

02Strategy

We kept both sides of the joint venture updated at every step and negotiated significant contract extensions as each piece came together, rather than letting the deal lapse. At the same time, pre-sales, design and the city resubmittal kept moving in tandem, so Ventura was building its buyer list and finishing the plans while the land was still under contract instead of waiting for the purchase to close first.

03Result

The land purchase closed on October 2, 2026, for $3,395,000 across two closings, 709 days after the agency agreement. My Dream Storage CO is now closing in on permit ready status with 30% of the 57 units already presold, and the strategy continues to secure more sales before construction begins.

“Having known and collaborated with Charlie for four years now, we have always been impressed by his drive, expertise, and forward-thinking approach. We are working on several land development opportunities, which include BTS and GL of retail pad sites. As a developer and broker myself, I have high standards for efficiency and value, and Charlie consistently delivers on both fronts. What sets Charlie apart is not just his deep industry knowledge, but his ability to continuously adapt to our business's changing landscape. The platforms and systems he is actively developing directly streamline our operations, making our internal processes faster, smoother, and far more effective. As we’ve expanded our footprint into the Colorado market, having a trusted partner like Charlie has been invaluable. We are truly grateful for the strong relationship we’ve built over the years and are extremely excited to keep pushing forward together on multiple upcoming projects.”

Leor Rozen, Ventura Enterprises