Investor acquires Castle Rock retail center for $601 per sf
A California-based investor purchased a Castle Rock retail property at a price of $601 per square foot.
Jolene Wollett
May 17, 2018Retail projects need carefully curated tenant mix
The retail landscape is constantly changing. We continue to see an evolution in the way we use and interact with retail. Gone are the days of transactional, one-size-fits-all retail. Experiential-driven retail and food and
CREJ
May 7, 2018New pharmacy slated near Castle Rock hospital
Douglas County Property Location: West corner of Meadows Blvd. & Ambrosia St., Castle Rock Property Description: Vacant retail pad site, proposed pharmacy Land Size: 82,247 sf Sales Price: $1.69M, or $20.59 psf Reception No.: 2018016904 Closing Date:3/23 Grantor: Castle Rock Dev, Stephanie L. McCandless, pres., 303-394-5521 Grantee: CVS 11104 CO LLC, One CVS Drive, Woonsocket, RI 02895…
John Winslow
May 7, 2018Pueblo West Marketplace sells to investor for $5 million
The single-building, inline retail center was fully leased to 12 tenants at the time of sale.
Jolene Wollett
May 7, 2018Denver investor acquires South Broadway retail/apartments
Denver County 1. Address: 76-98 S. Broadway, “The Werner Building” & One East Bayaud Ave., “The White Palace Apartments,” Denver Improvements: The White Palace Apartments includes 20 units (10 one-bedroom/one-bath units at 550 sf that rent for $1,395; eight one-bedroom/one baths @ 420 sf that rents for $1,345/mo.; and two one-bedroom units @ 420 sf…
John Winslow
May 4, 2018Redevelopment site & 7-Eleven on North Washington sell for $1.48M
Adams County Address or Location: 6331-41 Washington St., Denver Improvements: 7-Eleven retail store w/2,585 sf, YOC 1986; 1,421-sf house, YOC 1948; 1,922-sf tavern, “Y-Knott Bar” (lease expires in 2019), YOC 1935; 1,008-sf retail store, YOC 1935 Land Size: 1.78 acres Date of Recording: 4/3 Reception No.: 2018000027215 Price: $1.48M, or $253.39 psf Grantor: 7-11 Washington RE LLC, c/o…
John Winslow
May 2, 2018Meeting the needs of today’s restaurantgoers
We all love to try new restaurants. Fortunately for those of us in Colorado, we have so many wonderful choices that run the gamut from quick-serve chains to chef-developed concepts with locally sourced menus. There
CREJ
April 29, 2018Lower Highland office/retail building draws investors
A California buyer paid $533.68 per square foot for a highly sought-after Lower Highland office/retail building. Miller Brothers Umatilla LLC, a high-net-worth family partnership, bought the 22,894-sf building at 2930 Umatilla St. from Gravitas-2930 Umatilla LLC for $12.22 million, according to Denver County records. Riki Hashimoto “Due to the location, unique building construction and overall…
Kris Oppermann Stern
April 29, 2018Maximize necessity retailers for thriving centers
Despite reports of doom and gloom for brick-and-mortar retailers, one sector across the shopping center inventory is thriving – neighborhood and community shopping centers with a tenant base focused on
CREJ
April 29, 2018Gold Star building in RiNo sells for $14.85 million
The former Gold Star Sausage factory in River North sold for $14.85 million after taking on new life as creative office/retail space. Manchester Capital Management LLC, on behalf of a Southern California family office, bought the 47,326-square-foot building at 2800 Walnut St. in Denver from Pathfinder Winfield RiNo Holdings LLC. The seller was still in…
Kris Oppermann Stern
April 24, 2018