Maximized efficiencies will help food halls survive

During COVID-19, restaurants have done their best to survive the whiplash of ever-changing public health guidelines while ensuring the safety of their guests and employees. Initially closing altogether, many originally reopened for

CREJ

August 24, 2020

Net-lease investors seek credit and essentials

The COVID-19 pandemic undoubtedly has impacted all facets of commercial real estate, including single-tenant net-leased retail properties. In the second quarter, transaction volume for STNL retail properties was down 38.4%

CREJ

August 21, 2020

Creating safer people-oriented places

We’ve long believed that retail and restaurants are instrumental in creating the character of a neighborhood. Think of the blocks you love most in Denver and chances are you’re imagining a collection of small

CREJ

August 17, 2020

Factors impacting the investment property market

Hindsight is classically 20-20, but it’s difficult to imagine that on Jan. 1, 2020, any participant in Colorado’s retail investment market could’ve accurately predicted the dramatic shift we encountered overnight on March 15

CREJ

August 16, 2020
Retail DIM Livestream Conference

Retail Livestream Summit

700 viewers anticipated. 4 hours of real estate continuing education credit have been approved. The conference will be shot and broadcast like a television show. We have engaged a high-quality camera crew who are masters in livestream technology. The event will be amazing, and give viewers an experience well beyond the typical Zoom webinar. When you register, a unique access code will be generated for you. Please do not share this code with anyone as it is your means to view the event, and cannot be used on multiple devices at the same time. Can’t watch live? A recording will be available after the event has been streamed. You will be able to log in to our website and enter your access code. We look forward to seeing you in person before too long. Stay healthy in these unusual times. Colorado Real Estate Journal

Lori Golightly

December 23, 2019

Durango Town Center sells for $13.35M

Durango Town Center sold in the second-largest shopping center transaction in Colorado in 2020. A private local investor paid $13.35 million for the 41,781-square-foot center – the second-highest-priced transaction to close to date in the state, per CoStar. The retail center is located at 1125, 1145 and 1185 S. Camino Del Rio and is shadow […]

Jennifer Hayes

August 3, 2020

Culver’s to open Montrose location at River Landing project

Culver’s is coming to Montrose. WTD Enterprises LLC recently paid $950,000 for a 1.54-acre site at 3841 Wolverine Drive, at the southwest corner of South Townsend and Rio Grande avenues. The restaurant chain, whose menu includes burgers and frozen custard, will be the first Culver’s in southwest Colorado. Currently, the nearest Culver’s is in Glenwood […]

Jennifer Hayes

July 20, 2020

Calif.-based buyer acquires Thornton Walgreens-leased bldg.

A retail property leased to Walgreens in Thornton sold for $6.13 million. California-based private capital investor Washington Street Holdings LLC purchased the 14,406-square-foot Walgreens-leased retail property at 8799 Washington St. from seller GMS Thornton LLC. Drew Isaac and James Rassenfoss of Marcus & Millichap were transaction brokers in the sale. According to Rassenfoss, the property […]

Jenna Walters

July 20, 2020

Buyer acquires Denver car wash, will be new owner-user

A car wash in Denver sold for $2.9 million. The buyer, 12131 N Federal Pkwy LLC, purchased the 5,160-square-foot Auto Spa at 12131 N. Federal Parkway from seller 1650 Canon LLC. The buyer will be the owner-operator at the property, taking over the responsibility of the car wash in addition to managing the property, which […]

Jenna Walters

July 7, 2020

O’Reilly Auto Parts in Fountain trades hands for $2.4 million

A single-tenant, net-leased property at the Markets at Mesa Ridge shopping center sold – the second such sale at the Fountain retail center in recent weeks. Foothills Property Group LLC paid $2.4 million, or $335.66 per square foot, for the 7,150-sf O’Reilly Auto Parts at 7985 Fountain Mesa Road. “We had multiple offers on this […]

Jennifer Hayes

June 29, 2020