Local buyer pays $2.3 million for leasehold interest
A leasehold interest in a Boulder retail center sold to a Boulder County investor for $2.3 million. The lease comprises the land under a 19,997-square-foot retail center that is shadow anchored by Safeway. The property is located at 3325 28thSt., at the corner of 28thand Iris Avenue. Traffic counts at the intersection exceed 69,000 per…
Kris Oppermann Stern
July 22, 2018
Littleton shopping center is snagged by Florida Investor for $10.85 million
Arapahoe County Property Location: 6901-6905 S. Broadway, 6985 S. Broadway, Littleton Property Description: 75,831-sf shopping center, YOC 1978-1985, updated 2012 (including 6,120-sf freestanding liquor store building, YOC 1985; 13,766-sf freestanding strip building, YOC 1985; 9,523 sf freestanding retail building, YOC 1985; 8,946-sf strip center building, YOC 1978, masonry; 5,712-sf retail building, YOC 1978, masonry; 17,858-sf…
John Winslow
July 20, 2018
Retail site in Brighton sells for $700,000 to Confluent Development
Adams County Property Location: North side Bridge St., 200’ east of Bridge St., Brighton Property Description: Vacant land, Land Size: 51,454 sf Sales Price: $700,000, or $13.60 psf Reception No.: 49735 2018 Closing Date: 6/19 Grantor: Dillon Companies LLC Grantee: Confluent Development LLC Comments: Lot 5, Block 2, Brighton Crossing Filing No. 2, 2ndAmendment. The site was…
John Winslow
July 16, 2018
Investor gulps 7-Eleven for more than $1,000 per sf
A Colorado buyer paid $3.05 million, or $1,016.66 per sf, for the 7-Eleven at 1200 W. Alameda Ave.
Jolene Wollett
July 15, 2018
Private investor pays $7.45 million for Thornton retail center
At the time of sale, Colorado Marketplace was 97 percent leased to 17 tenants, including O’Reilly Auto Parts, Papa Murphy’s Pizza, H&R Block, Great Clips and Metro PCS.
Jolene Wollett
July 9, 2018
Longmont retail center changes hands for $3.84M
A 20,163-square-foot retail center at the northwest corner of Ken Pratt Boulevard and Sherman Drive in Longmont sold for $3.84 million. Developer David Chaknova of Nova Sherman LLC and Nova Sherman AZ LLC sold Sherman Station to Valley Interests LP. AutoZone and the St. Vrain Valley Habitat for Humanity ReStore occupy the center on long-term…
Kris Oppermann Stern
July 8, 2018
Small retail building in Denver’s Highland area commands $830,000
Denver County Property Location: 3746 Tejon St., Denver Property Description: 1,899-sf, three-tenant retail building, YOC 1932, masonry Land Size: 6,250 sf Sales Price: $830,000 Reception No.: 2018066166 Closing Date: 6/4 Grantor: Katrina S. Jones, trustee for Estate of Connie Aiello Grantee: HLH LLC, Robert S. Hahn, John F. Reilly Financing: $622,500 payable to Alpine Bank, NA Comments:…
John Winslow
July 3, 2018
Denver lands (two) fully leased dispensaries in Denver & Aurora
Denver & Arapahoe Counties 1. Property Location: 4400 Grape St., Denver, “The Green Solution” Property Description: 32,397-sf warehouse, YOC 1964, updated in 2014 and converted to marijuana dispensary Land Size: 1.24 acres Sales Price: $3.92M, or $121 per sf Reception No.: 2018074168 Closing Date: 6/15 Grantor: Speidell Real Estate Group LLC, Kyle Speidell & Eric Speidell, mgrs.…
John Winslow
June 28, 2018
Denver retail market outperforms peer cities via new research
This report provides insight into Denver’s retail landscape, the Denver consumer base, and the latest trends sweeping the market.
CREJ
June 27, 2018
Denver sees more than $5 billion in 83 development projects
More than $5 billion in commercial real estate projects have been completed over the last five years or are under construction in downtown Denver, the Downtown Denver Partnership announced in releasing its annual Downtown Denver Development Map Tuesday morning. The investment consists of nearly 10,000 new residential units, more than 4 million square feet of…
Kris Oppermann Stern
June 19, 2018
