University Center retail building trades
A retail center with Northern Colorado’s only Whole Foods store sold for $23.75 million, which equates to a price of $347.56 per square foot. University Center, located at 2201 S. College Ave., is leased to the natural grocery store and to Wilbur’s Total Beverage, reportedly one of Fort Collins’ top-performing liquor stores on a sales-per-sf…
Kris Oppermann Stern
November 8, 2019Challenges and opportunities for retail development
Despite overreaching concerns of e-commerce negatively impacting bricks-and-mortar shopping centers, the retail fundamentals in Denver are thriving. Fueled by continued growth in consumer
CREJ
November 8, 2019Alto Real Estate enters Denver with $42.25 million buy
Alto Real Estate Funds found a foothold in Denver with its purchase of Quebec Square. The buyer paid $42.25 million for the 207,611-square-foot retail power center at 7506 E. 36th Ave. in Denver. “Quebec Square is a huge win for our fund to get a foothold in the Denver market, one of the fastest growing…
Jolene Wollett
November 4, 2019Considerations for procuring the right food hall
Throughout Denver, over the past couple of years, food halls have been one of the most prevalent emerging trends for retail. Earlier this year, Phil Colicchio, executive managing director, specialty food
CREJ
November 4, 2019Fitness gets retail back in shape
It seems that everyone still is trying to find the next big thing for retail. Some landlords focus on assembling food halls, others look at a range of entertainment concepts from virtual reality to axe-throwing.
CREJ
November 3, 2019Union Walk sells for $5.03 million
A fully leased Lakewood retail center sold for $5.03 million. California-based buyer Union Walk Central LLC purchased the Union Walk Retail Center at 180 S. Union Blvd. from the Matrix Group Inc. Union Walk Retail Center comprises 11,978 square feet. Constructed in 2006, it is home to a variety of tenants, including Bruegger’s Bagels, Floyd’s…
Jolene Wollett
October 27, 2019Former Sears at Broadmoor Towne Center sells for $8.5M
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Jolene Wollett
October 20, 20197-Eleven sells for more than $1,000 per sf
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Jolene Wollett
October 13, 2019Cushman & Wakefield: ‘Denver is just freaking hip’
Is Denver cool or what? According to Cushman & Wakefield’s Cool Streets 2019 Report, Denver – and not just River North and Lower Downtown – is an “18-hour Cool Street City.” “Cool Streets” are urban neighborhoods with live-work-play environments rich in creative class workers, with great demographics - and where retail generally is thriving. Since Cushman & Wakefield published its first report in 2016, “Cool Streets” have continued to emerge in 24-hour cites like Boston, Chicago and San Francisco. “But now we are seeing the trend accelerate in places such as Boise, Charlotte, Denver, Nashville, Portland, Salt Lake City, Tampa and other metros global investors used to overlook,” the report said. “Affordable housing and employment are driving that acceleration.”
Kris Oppermann Stern
October 10, 2019Newly built Parker retail center trades for $7.7 million
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Jolene Wollett
October 7, 2019