Buyer slides into Payless Shoes retail building for $835,000
Jefferson County Address: 9409 Sheridan Blvd., Westminster, “Payless Shoes” Improvements: 3,816-sf retail building, YOC 1995, masonry Land Size: 24,829 sf Date of Recording: 1/5 Reception No.: 20180002492 Price: $835,000, or $218.81 psf Grantor: L. Lane Loyko, Trustee, & Phyllis Atterbury Trust Grantee: CDG – Austin Bluffs LLC c/o CenterPointe Development, Matt Ladendorf, mgr., 602-448-8766, or…
John Winslow
January 16, 2018CBRE Research releases quarterly reports on office, retail and industrial markets
New construction continued to be the story for Denver's industrial real estate market in 2017, CBRE Research said in its newly released reports on the Denver industrial, office and retail markets A total of 5.4 million square feet was delivered to the metro Denver market, the highest level since 2001, when 5.5 million sf of…
CREJ
January 14, 2018Confluent Development starts work on Natural Grocers
Confluent Development is partnering with Equity Ventures Commercial Development to deliver the Natural Grocers location.
Jolene Wollett
January 14, 2018New 7-Eleven yields developer $1,022 per square foot
Denver County Address or Location: 725 Kalamath St., Denver Improvements: 2,681-sf 7-Eleven store, YOC 2017, brick with gas pumps Land Size: 26,250 sf Date of Recording: 12/29 Reception No.: 2017169834 Price: $2.74M, or $1,022 psf Grantor: BTS Kalamath SE LLC, Cadence Capital, Lucy Dinneen, mgr. Grantee: Carr Street LLC, Dr. Gary Ghiselli, 303-697-7463 Comments: New…
John Winslow
January 9, 2018Pop-up shops: Exclusivity, uniqueness drive trend
Brick-and-mortar retailers are using the pop-up concept to keep customers offline, and e-commerce companies are utilizing pop-ups as a low cost, low-risk way to connect directly with their customers, especially experience hungry millennials.
CREJ
January 7, 2018Beauty Supply Warehouse acquires retail building in Aurora
Arapahoe County Address: 13870 E. 6th Ave., Aurora Land Size: 1.67 acres Improvements: 23,447-sf retail building, YOC 1970, block construction Date of Recording: 12/12 Reception No.: D7141454 Price: $2.65M, or $113.02 psf Grantor: Willow Court LLC, Mary O’Keefe, mbr. Grantee: 13870 East 6th Avenue LLC, Karan Hoss, CEO of Beauty Supply Warehouse, 303-365-0500. Comments: Tenant’s…
John Winslow
January 4, 2018Six-tenant retail center snagged by Denver investor for $2 million
Broomfield County Address: 555 U.S. Highway 287, Broomfield, “Park Plaza Commons” Improvements: 12,407-sf, single-story, six-tenant retail building, YOC 1967 Date of Recording: 12/1 Reception No.: 2017014798 Price: $2M, or $161.20 psf Grantor: J&Y Capital Inc., Bokin IM, pres. Grantee: Park Plaza Associates LLC, Eric R. Miller, mgr. Financing: $1.54M payable to Academy Bank, N.A., Kansas…
John Winslow
December 28, 2017Denver retail center acquired by Aurora investors for $7.6 million
Denver County Address: 5135-45 Chambers Road, Denver Land Size: 2.2 acres Improvements: 12,047-sf & 8,707-sf retail buildings (20,754 sf total), YOC 2002 Date of Recording: 12/12 Reception No.: 2017161763 Price: $7.6M, or $366.19 psf Grantor: Gaffey Chambers LLC, c/o Westwood Financial Corp., California Grantee: Kims Investments Inc., Young M. Kim, pres., & Peakview Plus LLC,…
John Winslow
December 19, 2017In-N-Out Burger coming to Colo.
In-N-Out Burger is under contract to purchase land at Victory Ridge, a mixed-use development in north Colorado Springs.
Jolene Wollett
December 17, 2017Longtime Denver firm snags Cherry Creek building for $586.39 per square foot
Denver County Address: 231 Detroit St., Denver Improvements: 8,868-sf retail building, YOC 1985 Land Size: 6,250 sf Date of Recording: 11/20 Reception No.: 2017152985 Price: $5.2M, or $586.39 psf Grantor: Diamond Property Group LLC, Michel A. Miro, mgr., Miro Jewelers Grantee: Detroit Street Holdings c/o Buell & Company, John Maragon, mgr., 303-320-6929 Comments: Property was…
John Winslow
December 13, 2017