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 Hayes

February 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 Rebchook

April 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 Hayes

December 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.

CREJ

September 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 Hayes

July 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 Hayes

April 15, 2018
single-tenant

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 Rebchook

February 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 Hayes

January 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 Hayes

November 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 Hayes

October 21, 2017