A private-capital investor out of Colorado Springs paid $2.79 million, as part of a 1031 exchange, for Rustic Hills Marketplace, a multitenant retail center at 1330-1360 N. Academy Blvd. in Colorado Springs.
Value-add properties are as in demand as ever, making the market a reliably competitive asset class for multifamily investors across Colorado. In general, a value-add opportunity represents a multifamily asset in which a new
Quantum Commercial Group Inc. predicts vacancy rates in all commercial sectors will continue to slowly move downward in a positive manner. The firm anticipates record-low unemployment and is hopeful that the area will