Open-Air Retail Center in Colorado Springs Sells for $12.5M

Erindale Square, a 103,552-square-foot open-air retail center located at 5881-5975 North Academy Boulevard in Colorado Springs, has sold to a New York City-based investor for $12.15 million, according to CBRE. The sale further indicates that brick-and-mortar retail is still consumers’ preferred mode of shopping. Parker Brown, Matthew Henrichs and Brad Lyons with CBRE represented …


NAIOP Announces 2021 Awards of Achievement

On Thursday, Feb.24, NAIOP Colorado held its 35th Annual Awards of Achievement celebration at the Denver Center for the Performing Arts, Seawell Grand Ballroom, hosted by Fidelity National Title National Commercial Services. The event honors the “Best of the Best” in Colorado’s Real Estate Industry for 2021. An audience of more than 400 …

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DMCAR Pays Tribute to “Heavy Hitters” in Commercial Real Estate

The Denver Metropolitan Commercial Association of REALTORS® (DMCAR) honored its top commercial real estate producers of 2021 in land, industrial, multi-family, office, investment, retail, and small office broker categories at the association’s annual Heavy Hitters Awards. Recognizing his leadership, professionalism, business acumen and unwavering dedication to the association and the …


Pinnacle Real Estate Advisors Congratulates Top Brokers 2021

Pinnacle Real Estate Advisors, LLC, a full-service commercial real estate brokerage firm, has awarded Josh Newell, principal, this year’s Top Producer award. This marks the tenth time in the past fourteen years that Newell has received Pinnacle’s top overall broker award. Newell also earned the Top Multifamily Broker award. “Josh …


Dunton Commercial Closes on Two Retail Properties

Dunton Commercial, a privately held commercial real estate investment company located in Greenwood Village, recently acquired two retail properties in Colorado, in two separate transactions. Bowles Marketplace In a joint venture partnership with CentrePoint Properties, Dunton Commercial recently closed on the acquisition of Bowles Marketplace, a 155,000-square-foot neighborhood retail center …


RealNex VideoMaker Launches for Commercial Real Estate Professionals

Storyvine, Inc., a Denver-based video technology company, has partnered with RealNex, a leading commercial real estate technology solutions company, to launch RealNex VideoMaker, powered by Storyvine. The new software allows users to capture video content and create branded videos of property tours that can be linked to RealNex RealCampaigns, MarketPlace Listings and MarketEdge marketing …


NAIOP Announces 2020 Awards of Achievement

Following a year of unprecedented challenges caused by the pandemic, the Colorado Chapter of NAIOP hosted the 34th Annual Awards of Achievement virtual celebration to honor the “Best of the Best” in Colorado’s Real Estate Industry. This year’s event was hosted by NAIOP 2021 Chapter President Tyler Carlson, managing principal of …


Dutch Bros Property Positioned Along Major Roadway Fetches $2.1M

Cushman & Wakefield announced today the firm has brokered the sales of three newly constructed freestanding drive-thru retail buildings fully leased to Dutch Bros Coffee—including one in Commerce City, Colorado and two in Arizona—for a total combined value of $5.65 million. 15431 E 104th Ave in Commerce City, a new …


Emerging Broker of the Month: Advisor Dan Hicks, Cresa

Cresa Advisor Dan Hicks began his role at Cresa with a background in real estate, financial services and data analytics. He provides office occupiers with successful, conflict-free solutions while addressing their short and long-term real estate needs. By utilizing a disciplined process, he analyzes space needs, manages the site selection process …

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Broker of the Month: Mike Wafer, Jr., Associate Director, Newmark Knight Frank

Newmark Knight Frank (NKF) Associate Director Mike Wafer, Jr. specializes in providing tenant, landlord and investment representation services focusing on the industrial/flex market throughout the Denver metropolitan area. He has expertise in complex build-to-suits, business park development and redevelopment assets. In 2018, Wafer participated in 45 transactions and has increased year-over-year production by …