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

Dunton, Hampton to repurpose Toys R Us, office property

A long-vacant Toys R Us and an office building along North Academy Boulevard have been purchased by a partnership planning to repurpose the properties. Dunton Commercial, in partnership with Hampton Partners, paid an undisclosed amount for the properties situated at 3770 and 3730 N. Citadel Drive, bounded by Academy, Citadel and Galley Road. The partnership…

Jennifer Hayes

November 11, 2019

Driving forces behind private capital investment

Strengthened consumer confidence and unemployment at a 50-year low have materially benefited the continued success of the retail property market across the Colorado Front Range.

CREJ

November 11, 2019

University Center retail building trades

A retail center with Northern Colorado’s only Whole Foods store sold for $23.75 million, which equates to a price of $347.56 per square foot. University Center, located at 2201 S. College Ave., is leased to the natural grocery store and to Wilbur’s Total Beverage, reportedly one of Fort Collins’ top-performing liquor stores on a sales-per-sf…

Jill Jamieson-Nichols

November 8, 2019

Challenges and opportunities for retail development

Despite overreaching concerns of e-commerce negatively impacting bricks-and-mortar shopping centers, the retail fundamentals in Denver are thriving. Fueled by continued growth in consumer

CREJ

November 8, 2019

Alto Real Estate enters Denver with $42.25 million buy

Alto Real Estate Funds found a foothold in Denver with its purchase of Quebec Square. The buyer paid $42.25 million for the 207,611-square-foot retail power center at 7506 E. 36th Ave. in Denver. “Quebec Square is a huge win for our fund to get a foothold in the Denver market, one of the fastest growing…

Jennifer Hayes

November 4, 2019

Considerations for procuring the right food hall

Throughout Denver, over the past couple of years, food halls have been one of the most prevalent emerging trends for retail. Earlier this year, Phil Colicchio, executive managing director, specialty food

CREJ

November 4, 2019

Fitness gets retail back in shape

It seems that everyone still is trying to find the next big thing for retail. Some landlords focus on assembling food halls, others look at a range of entertainment concepts from virtual reality to axe-throwing.

CREJ

November 3, 2019