Retail Summit & Expo

Retail Summit & Expo

LOCATION Hyatt Regency Aurora-Denver Conference Center We anticipate this to be the largest retail development and investment conference of the year in Colorado with more than 350 attendees. Four hours of continuing education have been applied for.

Lori Golightly

April 7, 2020

Legend Investment Group handles metro area transactions

Legend Investment Group, a division of Legend Partners LLP, recently handled the sale of a pair of metro area multitenant retail strip centers as well as a Broomfield Big O Tires in deals topping $8 million. Pert Maxima purchased the three-tenant strip centers in separate deals, concluding a 1031 exchange. The 6,029-square-foot center at 9854…

Jennifer Hayes

January 19, 2020

Kneaders Bakery and Café sells at 5.12% cap rate

A single-tenant, net-leased Kneaders Bakery and Café in Colorado Springs recently sold. The Kneaders Bakery and Café at 13482 Bass Pro Drive sold for $2.93 million and at a 5.12% cap rate, representing one of the lowest cap rates ever for a single-tenant Kneaders Bakery and Café nationally, according to CoStar. A Colorado-based 1031 exchange…

Jennifer Hayes

January 13, 2020

New retail building at 2534 sells for $4.66 million

A 100%-leased multitenant retail building at 2534 in Johnstown sold to an investor who knows the area well. Gerrard Family Limited Partnership LLLP paid the full asking price of $4.66 million, or $665.71 per square foot, for the 7,000-sf building at 4930 Thompson Parkway. The partnership is managed by Gary Gerrard, one of the original owners and master developers of 2534. Given his familiarity with the development, “We couldn’t have had a better buyer,” said Zander Rodriguez of David Hicks & Lampert Brokerage.

Jill Jamieson-Nichols

January 6, 2020

Bonnie Brae retail building sells for $2.45 million

St. Charles Town Co. is pumping up its presence in Bonnie Brae. A Denver-based entity of real estate development firm St. Charles Town Co. completed the purchase of a 12,500-square foot building at 709 S. University Blvd. It paid $2.45 million to BBAC LLC for the property. The property, home to ink! Coffee, sits adjacent…

Jennifer Hayes

December 30, 2019

Garden of the Gods Plaza retail center sells for $11.54M

A Florida-based operating entity made its first Colorado Springs acquisition and second in Colorado with its purchase of Garden of the Gods Plaza. The buyer paid $11.54 million for the seven-building, 96,314-square foot shopping center at 975-1045 Garden of the Gods Road in Colorado Springs. “This is a multi-building asset right on Garden of the…

Jennifer Hayes

December 23, 2019

Whiskey on the Lodo

Instead of whiskey on the rocks, it’s a whiskey on the Lodo. In spring, construction will start on transforming Lodo’s Bar and Grill, owned by MCSV Holdings I LLC, at 1942 and 1946 Market St. into the fifth Dierks Bentley’s Whiskey Row restaurant and bar. Singer-songwriter Bentley’s and Riot Hospitality Group’s, Dierks Bentley’s Whiskey Row…

Jennifer Hayes

December 8, 2019

Kum & Go continues expansion

Kum & Go is continuing its Colorado expansion. The convenience store chain is building on the opening of four new locations in the Denver metro area since August with another nine planned to open in 2020. Kum & Go will open a location at 4750 N. Tower Road in Denver in the first quarter and…

Jennifer Hayes

December 1, 2019

Meadows office/retail center changes hands at $9.62M

A 1031 exchange buyer paid $9.62 million, or $369.53 per square foot, for Meadows Town Center I, a 26,033-sf office/retail property in Castle Rock. Located at 3911 Ambrosia St., at the entrance to The Meadows community, Meadows Town Center I includes two buildings connected by a second-floor hallway. The buildings are 100% leased to five…

Jill Jamieson-Nichols

December 1, 2019

Country Club Village sells for $9.2 million to California buyer

A Westminster retail center that serves the surrounding neighborhood recently sold for $9.2 million. Cannery Row Inn LP, according to public records, purchased the Country Club Village center at 2721 and 2821-2851 W. 120th Ave. from Hampton Partners. The 33,091-square-foot Country Club Village was fully occupied at the time of sale, with some rollover expected…

Jennifer Hayes

November 24, 2019