Central Park Plaza sells for $5.1M
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Jolene Wollett
July 14, 2019Longmont retail building changes hands for $12.25 million
A Longmont retail building leased to two strong credit tenants sold for $12.25 million.
Kris Oppermann Stern
July 7, 2019Armstrong connects with Arvada center
Armstrong Capital Development LLC made its second retail purchase along the Front Range since December with its purchase of Arvada Connection. The Denver-based private equity real estate investment, development and management company paid $17.5 million for the approximately 54,000-square-foot center at 5220 Wadsworth Blvd. in Arvada. “We are very pleased to have invested in the…
Jolene Wollett
June 15, 2019Online shopping brings more demand for distribution centers
It’s the late ’90s. The retail landscape is defined by big-box stores, one-stop shops where consumers can find everything they need.
CREJ
June 7, 2019Work starts on $50M Gateway Crossing development
Construction is underway on a $50 million mixed-use development in Green Valley Ranch, bringing much-needed tenants to the area. Equity Ventures Commercial Development and Wall Development Group have broken ground on Gateway Crossing, a more than-100,000-square-foot multilevel development at the northwest corner of Green Valley Ranch Boulevard and Tower Road. The project will feature a…
Jolene Wollett
June 2, 2019Fully leased Park Meadows area property sells for $4.35M
A multitenant triple-net leased retail asset sold at a price nearing $300 per square foot. William Penn Apartments LLC, according to public records, paid $4.35 million, or $293.86 per sf, for 7824 Park Meadows Drive. It was sold by 7824 Park Meadows LLC. Constructed in 2003 and located at Park Meadows Drive and Acres Green…
Jolene Wollett
May 24, 2019Discipline ushers in strengthened retail market
Denver’s retail real estate environment has never been healthier, regardless of media coverage about e-commerce and its impact on retail. Retail rents in our market have increased since mid-2014 at a
CREJ
May 3, 2019Tips to design retail space for any future tenant
Unless you are working for a specific client in a build-to-suit situation, building retail space can feel like a guessing game. How do you create a core-and-shell building that is the most appealing to the
CREJ
April 29, 2019Maggiano’s trades for $12.3 million
A Maggiano’s restaurant in Englewood sold to a buyer boosting its triple-net-leased holdings in the Denver metro market. Meatball LLC paid $12.3 million, or $736.31 per square foot, for the Maggiano’s Little Italy at 7401 S. Clinton St. Maggiano’s Property Corp. sold the property, for which there is a 15-year sale initial lease term. The…
Jolene Wollett
April 28, 2019Where have all the boxes gone?
In recent years, the retail industry has been abuzz with feverish talk of the Amazon effect, the retail apocalypse, and the end of brick and mortar. Despite the hype, small-shop leasing has stayed on
CREJ
April 27, 2019