Marcus & Millichap Arranges Sale Tri-Peak Plaza Retail Property
Colorado Springs, CO – Marcus & Millichap announced the sale of Tri-Peak Plaza, a 46,354 SF retail property located in Colorado Springs, CO. The asset sold for $6,000,000 according to Richard A. Bird, regional manager of the firm’s Denver office. Garrette Matlock, a senior associate in Marcus & Millichap’s... Read more
Pinnacle Real Estate Advisors Completes $4.8M Sale Centennial Corners
Centennial, CO – Pinnacle Real Estate Advisors facilitated the recent sale of Centennial Corners, located along 10909 E. Arapahoe Road in Centennial. The 18,719 SF retail center includes tenants such as Qdoba, Game Stop, Domino’s, Anytime Fitness, and Bawarchi Biryani Point. Tom Ethington and Robert Edwards of Pinnacle represented the seller, Woodbury... Read more
Saunders Construction Celebrates Topping Out of Denver’s Dairy Block
Denver, CO – Saunders Construction, Inc., is thrilled to announce the topping out of Denver’s Dairy Block project, a high profile mixed-use development in LoDo that will feature office, retail and a luxury boutique hotel. This construction milestone indicates vertical construction is complete. “For Saunders this is a really exciting project... Read more
Matthews Retail Advisors Facilitates $4M sale of Quincy Corners
Aurora, CO – Matthews Retail Advisors arranges the $4 million sale of Quincy Corners retail center located at the corner of E Quincy Avenue and S Reservoir Road in Aurora, Colorado. The complex is anchored by Big 5 Sporting Goods. The seller, Spirit Realty Capital, was represented by Patrick... Read more
Downtown Denver Partnership Releases 2016 State of Downtown Denver Report
Denver, CO – The Downtown Denver Partnership issued today the 2016 State of Downtown Denver report. The annual report, funded in part by the Downtown Denver Business Improvement District, is one of the most comprehensive statistical looks at the stories and statistics behind a thriving center city, detailing increasing investment,... Read more
Denver Building Boom Reaches $4.2 Billion
Denver, CO – CBRE Research releases their latest Market Flash for the Denver construction market, which is reporting nearly $4.2 billion of commercial building in progress (excluding single-family residential, healthcare and infrastructure projects). Multifamily and hospitality projects are recorded as representing 74% of the total value. Graphic courtesy of CBRE Research Read more
Fort Collins Shopping Center Changes Hands
Fort Collins, CO – Marcus & Millichap, recently announced the sale of a 18,988-square foot retail strip that is a portion of a Mulberry & Lemay Crossings, a 328,495-square foot retail property in Fort Collins, Colo., anchored by Walmart and Home Depot. Garrette Matlock, an investment specialist in Marcus &... Read more
Marijuana Driving Up Retail Rents Commercial Real Estate Market
View here Lee and Associates’ principal, Paul Hallberg, provides insights into how marijuana retail locations are driving up rents in the retail commercial real estate market. Rental rates which are averaging $30/SF for marijuana retail locations are driven by the premium for space. Considerations for financing, the impact of... Read more
Millennial Retail Trends Impacting Design
View here Millennials continue to influence the design and construction of new spaces, including retail. This article published by GS&P focuses on how certain millennial behavioral factors should be taken into consideration by design professionals including the values of convenience, technology integration, ease of access and sense of place.... Read more
To Spring Forward, CRE Should Look Back
In theory, analysis of market research can prevent the commercial real estate industry from repeating the mistakes of the past. Left unheeded, market research can only provide numbers and statistics. by Julie Wanzer, LEED AP As we “spring forward” into the second quarter of 2016, it can be beneficial... Read more