Pueblo retail sells at highest price in years
A California-based private real estate investment trust purchased a multitenant retail center in what is believed to be the highest priced retail sale to close in Pueblo in the past three years. CREIT, a trust affiliated with CIRE Equity, paid $11.65 million, according to public records, for the Eagleridge Shopping Center. The 116,305-square-foot center at…
Jennifer HayesFebruary 24, 2020
Kimose joins Panorama
Veteran commercial real estate broker Eric J. Kimose is not and never has been an elephant hunter. That is, he never sought to sell the big, trophy properties that make headlines. As a brand-new broker with Marcus & Millichap’s Denver office in the mid-1990s, Kimose went to developers and real estate investors with this proposition:…
John RebchookApril 15, 2019
Dual-brand hotel along Bijou Street sells for $7.8 million
The Clarion Hotel & Conference Center and Quality Suites Central at 314 W. Bijou St. was purchased by the owner of The Antlers, a Wyndham Hotel, and The Mining Exchange, a Wyndham Grand Hotel & Spa, for $7.8 million.
Jennifer HayesDecember 17, 2018
Marcus & Millichap promotes Cooper, Smith
Skyler Cooper and Brian C. Smith, CCIM, SIOR, were promoted to first vice president investments in Marcus & Millichap’s Denver office.
CREJSeptember 2, 2018
Colorado Springs Quality Inn trades for $6.8 million
The buyer paid $6.8 million, or $77,272 per key, for the 88-room hotel at 2115 Aerotech Drive at the Colorado Springs Airport.
Jennifer HayesJuly 15, 2018
Trio of apartment properties sell for $24.75 million
Marcus & Millichap handled the sale of a trio of apartments in Aurora, which sold for a total of $24.75 million.
Jennifer HayesApril 15, 2018
CREJ’s single-tenant NNN conference on tap
Single-tenant triple-net (NNN) investments are “like the bonds of commercial real estate investing,” according to Drew Isaac. And with the stable income generated by leases from national tenants such as Walgreens and Starbucks, they are increasingly popular with investors seeking higher yields than they can achieve from Treasurys and many other fixed-income vehicles, but with…
John RebchookFebruary 19, 2018
Jackson Creek apts. sell for $57.82M
The buyer, a private investment group, paid more than $216,000 per unit for the Vistas at Jackson Creek, a 267-unit community approximately one-half mile east of Interstate 25.
Jennifer HayesJanuary 15, 2018
Calif. buyer bags Claremont Marketplace for $7 million
A private California investor acquired Claremont Marketplace, a shadow-anchored retail center on the edge of Banning Lewis Ranch.
Jennifer HayesNovember 27, 2017
Buyer bags Aurora Valley Plaza center for $8.43 million
Valley Plaza was 100 percent leased at the time of sale to tenants including Petco, Payless Shoesource, GameStop, a dry cleaner and coffee shop, among others.
Jennifer HayesOctober 21, 2017