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MainStreet at Flatiron

MainStreet at FlatIron buildings change hands at $54.19 per sf

A Boulder investment group that paid $54.19 per square foot for MainStreet at FlatIron in Broomfield says the center’s vacant space already is drawing good activity. The group led by Scott Pudalov paid $5.08 million, or $54.19 per square foot, for the 93,657-sf office/retail center at 520 and 549 Zang St., across from FlatIron Crossing…

Kris Oppermann Stern

December 4, 2017

Village at Forest Trace center sells for $8.9 million

Crow Holdings paid $8.9 million for the Village at Forest Trace.

Jolene Wollett

December 3, 2017

Rockies step up to plate with mixed-use development

Colorado-based architectural design firm Stantec has showcased renderings and initial timelines alongside preliminary plans to transform the West Parking Lot at 19th and Wazee streets in Denver into a major mixed-use environment spanning an entire city block. Highlighted by a Colorado Rockies Hall of Fame facility and an outdoor gathering plaza, the development also will…

CREJ

November 30, 2017

Downtown Denver office/retail building yields $5.3 million

Denver County Address or Location: 1641 California St., Denver Improvements: 19,121-sf, three-story office building plus lower-level retail area, YOC 1978, renovated in 2013, brick construction Land Size: 6,262 sf Date of Recording: 11/7 Reception No.: 2017151623 Price: $5.3M, or $277.18 psf Grantor: 1641 California LLC, c/o NAS Properties LLC, Nathan Schnabel, mgr. Grantee: J&G 1641…

John Winslow

November 30, 2017

Calif. buyer bags Claremont Marketplace for $7 million

A private California investor acquired Claremont Marketplace, a shadow-anchored retail center on the edge of Banning Lewis Ranch.

Jolene Wollett

November 27, 2017
Centennial Commons

Investors compete for Greeley retail center, which draws $5.45M

A 37,514-square-foot retail center in central Greeley sold to a California buyer in a competitive deal that closed at $5.45 million, or $145.28 per sf. CWC Income Properties 6 bought Centennial Commons, a three-building center at West 10th Street/U.S. Highway 34 and 35th Avenue, from West Greeley Associates LLC. Centennial Commons consists of buildings at…

Kris Oppermann Stern

November 26, 2017

BMC, Bow River get underway on 2727 Detroit

BMC Investments, in partnership with Bow River Capital Partners, announced that demolition and construction has begun at the two-story retail building located at 2727 Detroit St. in the Cherry Creek North neighborhood. The joint venture recently closed on a construction loan with FirstBank to construct an eight-story, 80,000 square foot mixed-use office and retail building on the site. “We…

CREJ

November 20, 2017

Motorcycle parts distributor acquires former Littleton Walmart for $2.75 million

Arapahoe County Property Location: 3615 W. Bowles Ave., Littleton Property Description: 43,719-sf retail building, “former Walmart store,” YOC 1984, masonry construction Land Size: 3.747 acres Sales Price: $2.75M, or $62.90 psf Reception No.: D7125171 Closing Date: 11/2 Grantor: Walmart Real Estate Business Trust, Nick Goodner, senior director Grantee: Delkevic US LLC, Janielle Myers, mgr., 303-962-2739…

John Winslow

November 20, 2017

Pearl Street properties sell for $4.6 million

Boulder-based Element Properties made two long-term strategic acquisitions on Pearl Street for $4.6 million. The company paid $3 million for 2116 Pearl St., a 4,634-square foot building on 19,600 sf of land, and $1.6 million for 2126 Pearl, which comprises 3,972 sf on a 10,000-sf site. Espressoria and Alchemy Face Bar occupy the building at…

Kris Oppermann Stern

November 19, 2017

Northglenn retail center changes hands at $4.23 million

Adams County Property Location: 450-560 Malley Drive, Northglenn, “Malley Heights Shopping Center” Property Description: 39,495-sf retail building, YOC 1978 Land Size: 4.43 acres Sales Price: $4.23M, or $106.98 psf Reception No.: 96613 (2017) Closing Date: 10/31 Grantor: Par Acquisitions LLC, Stephen R. Parry, mgr., 720-222-9616 Grantee: Evergreen Marketplace LLC, J&B Building Company, Steve Peckar, mgr.,…

John Winslow

November 10, 2017