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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

Ghost kitchens pick up steam in mountain towns

Ghost kitchens are on the rise. It’s important to consider if your commercial real estate is ready for the coming transformation, as well as what is causing this new phenomenon. The impacts of this trend

CREJ

February 23, 2020