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
Local investor acquires Natural Grocers store in record-breaking sale
A retail property leasing Natural Grocers sold for $6.86 million in Denver. NG Tower LLC purchased the 13,300-square-foot retail property at 18471 Green Valley Ranch Blvd. in Denver from sellers […]
Kris Oppermann Stern
May 18, 2020
Local fitness chain owner secures desirable retail property
Jon Cerf, the founder of Core Progression, a fitness facility specializing in personal training, purchased the 5,792-square-foot retail property at 2561-2565 S. Broadway in Denver for $1.57 million from seller […]
Kris Oppermann Stern
May 11, 2020
NavPoint sells multitenant retail property in Thornton for $4.84M
A multitenant retail property in the north Denver metro area sold for $4.84 million. YC Inc. purchased the four tenant, 8,573-square-foot property at 7315-7375 E. 128th Ave. in Thornton from […]
Kris Oppermann Stern
May 4, 2020
Wendys, Arbys outparcels sell to SSCI at sub-5% cap rates
A pair of outparcels to a Cabela’s-anchored retail center in Thornton sold for $3.87 million. The Wendy’s and Arby’s at The Grove development sold in separate transactions to SSIC Inc. for $2.2 million and $1.67 million, respectively. The 3,500-square-foot Wendy’s, located at 150 E. 144th Ave., was built in 2015. It sold at a 4.75%…
Jolene Wollett
April 6, 2020
Spire retail sells for $5.25 million
The fully leased retail space at the base of a downtown Denver condominium tower sold for $5.25 million. The buyer, a private capital exchange buyer from California, purchased the 9,890-square-foot retail property at Spire at 891 14th St. The space was sought after by investors as not only is there a lack of product –…
Jolene Wollett
March 22, 2020
Dutch Bros property trades at eye-popping $2,496 per sf
This post is only available to subscribers of the the Colorado Real Estate Journal. If you have a subscription, please log in to view this post. If you do not […]
Jolene Wollett
March 9, 2020
Aurora City Place sells for $51.4 million
A real estate company is prepped to create value with its first Colorado acquisition. PREP Property Group Inc., a vertically integrated real estate company focused on creating value in retail real estate, purchased the Aurora City Place regional shopping center. It purchased the 356,305-square-foot center at Interstate 225 and East Alameda Avenue in Aurora for…
Jolene Wollett
March 1, 2020
Pueblo retail sells at highest price in years
A California-based private real estate investment trust purchased a multitenant retail center in what is believed to be the highest priced retail sale to close in Pueblo in the past three years. CREIT, a trust affiliated with CIRE Equity, paid $11.65 million, according to public records, for the Eagleridge Shopping Center. The 116,305-square-foot center at…
Jolene Wollett
February 24, 2020
Denver enjoys resiliency in changing marketplace
Several factors suggest that the Denver retail industry is likely to see continued slow but steady growth even as some lenders and investors shy away from the sector amid bankruptcy filings, store closures and
CREJ
February 24, 2020
