Retail buildings in Old Town Englewood snagged by Aurora businessman
Arapahoe County Property Location: 4300-4318-4320 S. Broadway, Englewood Property Description: 976-sf retail building, YOC 1926, with 3 parking spaces; 2,086-sf retail building, YOC 1951, with four surface parking spaces; & 1,878-sf retail building, YOC 1928, with four parking spaces – three buildings total 4,940 sf Land Size: 9,375 sf Sales Price: $825,000, or $167 psf Reception…
John Winslow
December 31, 2018Highpoint Marketplace sells for $24M to Gerrity Group
Gerrity Group paid $24 million for the Safeway-anchored center at 18870 E. Hampden Ave. in Aurora.
Jolene Wollett
December 28, 2018Downtown Frederick office/retail building trades at $2.36M
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Kris Oppermann Stern
December 26, 2018Conifer Marketplace sells for $10.58M to locally based buyer
Multiple offers were received on the asset from Colorado buyers as well as multiple out-of-state buyers from across the country.
Jolene Wollett
December 23, 2018Howell Construction completes 8 Shea Properties’ retail projects
Howell Construction and Humphries Poli Architects recently completed eight new core-and-shell retail buildings for Shea Properties. Located at 1493 Park Central Drive in Highlands Ranch, this project consisted of the full development of an 11-acre site, including a 570-stall parking lot, extensive landscaping, and landscape block retaining walls.
Kris Oppermann Stern
December 20, 2018Stapleton retail site sells to Evergreen Devco for $11.45 per square foot
Denver County Property Location: NEC Central Park Blvd. & E. 56thAve., Denver Property Description: Vacant retail site Land Size: 6.8 acres Sales Price: $3.39M, or $11.45 psf Reception No.: 2018152093 Closing Date: 11/28 Grantor: FC Stapleton II LLC (Jim Chrisman, VP) Grantee: Evergreen 56th& Central Park LLC, c/o Evergreen Devco Inc., Tyler Carlson, EVP 303-757-0401 Comments: Proposed shopping…
John Winslow
December 18, 2018CREJ retail conference coming
Denver's retail scene stacks up well compared to other trendy cities across the country. The latest CBRE retail report compared Denver, by a number of metrics, to other cities as well as to the U.S. “Compared to peer markets, Denver’s retail growth is reasonable and its absorption of space is hearty,” according to the CBRE…
Kris Oppermann Stern
December 17, 2018Silverstein – record industrial year in 2018
The three main commercial real estate food groups – office, industrial and retail – this year added what is believed to be a record 12.8 million square feet. Those are the preliminary numbers crunched by economist Patty Silverstein. “That is huge, absolutely huge,” said Silverstein, president and chief economist of Development Research Partners. Silverstein, who is…
Kris Oppermann Stern
December 12, 2018Red Robin along Jamboree sells for nearly $794 per sf
The buyer, a private, 1031 exchange investor, paid $5.73 million for the Red Robin restaurant at 1410 Jamboree Drive.
Jolene Wollett
December 9, 2018Build-to-suit site for 7-Eleven purchased in Aurora
Arapahoe County Property Location: Northwest Corner E. Alameda Pkwy. & Airport Blvd., Aurora Property Description: Vacant land, proposed 3,010-sf, 24-hour convenience store with 6 bays and 12 gasoline pumps Land Size: 3.296 acres Sales Price: $1.63M, or $11.32 psf Reception No.: D8116673 Closing Date: 11/26 Grantor: Tollgate Properties LLC (Lisa J. Levy, mgr.) Grantee: BV Airport LLC,…
John Winslow
December 6, 2018