Retail Summit & Expo

Retail Summit & Expo

Based on the advice of public officials who are strongly urging social distancing, we have made the decision to postpone the conference. I will keep you posted on the exact date of the rescheduled event. We will continue to monitor the situation with the hope of scheduling for May/June. Social responsibility requires all of us to dramatically reduce social interaction to the bare minimum to help slow the spread of COVID-19. It is our collective responsibility to work together to contain this virus. I am discussing optional dates with the Hyatt Regency Aurora-Denver Conference Center. I would like to commend the Hyatt for their high standards of cleanliness and hygiene. They will also continue to adjust food and beverage service in accordance with current food safety recommendations. If you have any questions, please contact me at 303-623-1148 ext. 101 or jstern@crej.com. Sincerely, Jon Stern Publisher and Founder Colorado Real Estate Journal 303-623-1148 ext. 101 jstern@crej.com

Lori Golightly

April 7, 2020

Spire retail sells for $5.25 million

The fully leased retail space at the base of a downtown Denver condominium tower sold for $5.25 million. The buyer, a private capital exchange buyer from California, purchased the 9,890-square-foot retail property at Spire at 891 14th St. The space was sought after by investors as not only is there a lack of product –…

Jennifer Hayes

March 22, 2020

Dutch Bros property trades at eye-popping $2,496 per sf

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Jennifer Hayes

March 9, 2020

Aurora City Place sells for $51.4 million

A real estate company is prepped to create value with its first Colorado acquisition. PREP Property Group Inc., a vertically integrated real estate company focused on creating value in retail real estate, purchased the Aurora City Place regional shopping center. It purchased the 356,305-square-foot center at Interstate 225 and East Alameda Avenue in Aurora for…

Jennifer Hayes

March 1, 2020

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

Denver enjoys resiliency in changing marketplace

Several factors suggest that the Denver retail industry is likely to see continued slow but steady growth even as some lenders and investors shy away from the sector amid bankruptcy filings, store closures and

CREJ

February 24, 2020

Ghost kitchens pick up steam in mountain towns

Ghost kitchens are on the rise. It’s important to consider if your commercial real estate is ready for the coming transformation, as well as what is causing this new phenomenon. The impacts of this trend

CREJ

February 23, 2020

Rooted in industrial, Great Western park will branch out

Great Western Industrial Park is rooted in bringing big-name industrial users to Windsor, but it will be branching out just a bit. “There’s been so much growth in Northern Colorado that this is becoming a more desirable, more populated area, and we have room to add services here that we couldn’t have done before,” said…

Jill Jamieson-Nichols

February 22, 2020

Denver CRE market in 2020: Where do we go from here?

Steig SewardVice president, client services and analytics,Colliers International “Lower for longer” and “growing but slowing” have been used to describe the direction of the economy and commercial real estate market in 2020. But are these just catchy phrases used by optimistic economists and brokers, or are they describing a new reality? Historically people have looked…

CREJ

February 21, 2020

Colorado’s retail markets weather the e-commerce storm

As we enter 2020, Colorado remains one of the most desirable markets in the country for investors targeting income-producing shopping centers. These investors typically are targeting cash flow, security

CREJ

February 17, 2020