Factors impacting the investment property market
Hindsight is classically 20-20, but it’s difficult to imagine that on Jan. 1, 2020, any participant in Colorado’s retail investment market could’ve accurately predicted the dramatic shift we encountered overnight on March 15
CREJ
August 16, 2020
Durango Town Center sells for $13.35M
Durango Town Center sold in the second-largest shopping center transaction in Colorado in 2020. A private local investor paid $13.35 million for the 41,781-square-foot center – the second-highest-priced transaction to […]
Jolene Wollett
August 3, 2020
Culver’s to open Montrose location at River Landing project
Culver’s is coming to Montrose. WTD Enterprises LLC recently paid $950,000 for a 1.54-acre site at 3841 Wolverine Drive, at the southwest corner of South Townsend and Rio Grande avenues. […]
Jolene Wollett
July 20, 2020
Calif.-based buyer acquires Thornton Walgreens-leased bldg.
A retail property leased to Walgreens in Thornton sold for $6.13 million. California-based private capital investor Washington Street Holdings LLC purchased the 14,406-square-foot Walgreens-leased retail property at 8799 Washington St. […]
Kris Oppermann Stern
July 20, 2020
Buyer acquires Denver car wash, will be new owner-user
A car wash in Denver sold for $2.9 million. The buyer, 12131 N Federal Pkwy LLC, purchased the 5,160-square-foot Auto Spa at 12131 N. Federal Parkway from seller 1650 Canon […]
Kris Oppermann Stern
July 7, 2020
O’Reilly Auto Parts in Fountain trades hands for $2.4 million
A single-tenant, net-leased property at the Markets at Mesa Ridge shopping center sold – the second such sale at the Fountain retail center in recent weeks. Foothills Property Group LLC […]
Jolene Wollett
June 29, 2020
Food hall concept shows promise following pandemic
As states, including Colorado, begin to reopen following the lifting of nationwide stay-at-home orders, customers are demanding a shift toward experiential dining. In May, Cushman & Wakefield released a report […]
Kris Oppermann Stern
June 19, 2020
Retailers plan for safe reopening following COVID-19
As many states begin to reopen following almost two months of closures caused by COVID-19, many retailers are reimagining how they can serve customers while adhering to new social safety […]
Kris Oppermann Stern
June 5, 2020
Single-tenant retail property in Fountain sells for $193 per sf
A single-tenant, triple-net leased property – part of the Markets at Mesa Ridge shopping center in Fountain – sold for $1.93 million. The 10,000-square-foot Dollar Tree is located at 6955 […]
Jolene Wollett
June 1, 2020
Single-tenant auto care retail property sells for $4 million
Marcus & Millichap assisted in the sale of a single-tenant retail property leased to Firestone Complete Auto Care in Weld County. An undisclosed California-based private capital investor purchased the newly […]
Kris Oppermann Stern
June 1, 2020
