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The Shoppes at Highpointe sells for $15M

The retail center at Interstate 25 and East Hampden Avenue – at one of the highest elevations in Denver – recently sold for $15 million, or $614.70 per square foot. 

Jolene Wollett

February 18, 2019

Investor sentiments and trends in retail real estate

Posting a year-over-year increase in transaction volumes, it appears the consecutive decline in retail real estate trades has turned the corner. After surviving a few years of negative headlines and threats

CREJ

February 11, 2019

Impressive market fundamentals strengthen investment activity

Record-low unemployment levels, increased consumer spending and robust residential development have continued to bolster a high-performing retail landscape across the Colorado Front Range.

CREJ

February 4, 2019

Airport dining: Reaching new heights at DIA

Some of Colorado’s favorite eateries will have a home at Denver International Airport’s Great Hall when the ongoing renovation is finished in late 2021. The overall project includes four phases, with

CREJ

February 3, 2019

Lending expectations for preferred property types

Retail lending in 2019 is anticipated to increase compared to last year as lenders and equity investors continue to get more comfortable with how the evolution of omnichannel retail sales impacts bricks-

CREJ

February 3, 2019

New single-tenant retail buildings in Thornton sell at 5.8 percent cap rate

Adams County 1. Property Location: 581 W. 84th Ave., Thornton Property Description: 3,044-sf retail building, YOC 2018 Land Size: 19,602 sf Sales Price: $2.48M, or $813.07 psf Reception No.: 4828 2019 Closing Date: 1/18/2019 Grantor: Evergreen-88th& Fox LLC by: Evergreen Devco Grantee: VEB Properties (Virginia E. Bright, mgr.), Le Grand, CA 95333 Financing: $510,000 payable to First Savings Bank,…

John Winslow

January 31, 2019

Lodo’s Bar and Grill locations sell

A joint venture acquired three Lodo’s Bar and Grill locations across the metro Denver area.

Jolene Wollett

January 27, 2019

Westminster Lodo’s sports bar trades for $2.59M

Adams County Property Location: 3053 W. 104thAve., Westminster, “Lodo’s Bar & Grill Property Description: 8,909-sf restaurant/sports bar, YOC 2007 Land Size: 2 acres Sales Price: $2.59M, or $290.16 psf Reception No.: 2018000103634 Closing Date: 12-17 Grantor: Grove Street Land Company LLC (Christopher Myers, mbr.) Grantee: MCSV 3053 West 104thAvenue LLC (Kenneth Monfort, mgr.) Financing: $18.7 million payable to…

John Winslow

January 24, 2019

Evergreen Devco acquires retail site in Thornton for $1.76 million

Adams County Property Location: NEC E. 144thAve. & Washington St., Thornton Property Description: Vacant, proposed retail center Land Size: 5.857 acres Sales Price: $1.77M, or $6.92 psf Reception No.: 20180004188 Closing Date:12-28-18 Grantor: Big Dry Creek Investors LLC, c/o Stargate School, Calley Herzog, pres.) Grantee: Evergreen-144thWashington NEC LLC Comments: Tract D1, Stargate Charter School Subdivision Amendment No.…

John Winslow

January 23, 2019

Louisville investor acquires neighborhood center in Westminster for $1.1 million

Adams County Property Location: 3200 W. 72ndAve., Westminster, “RMS Center” Property Description: 8,400-sf retail building, YOC 1963, brick Land Size: 12,630 sf Sales Price: $1.1M, or $130.95 psf Reception No.: 20180004188 Closing Date: 12-28-18 Grantor: M. Alice Lehman Grantee: 72nd Corner LLC (Michael Eisenstein, mgr.), Louisville 80027 Comments: This property was listed for sale by Brad Brooks of…

John Winslow

January 22, 2019