BrokerageRetail

Marcus and Millichap Complete Series of Net Leased Property Sales

Drew Isaac, senior vice president investments and senior director of the net leased properties division & national retail division at Marcus & Millichap (NYSE: MMI), recently arranged the sale of ten single-tenant net-leased investment properties located throughout Colorado during the first quarter of 2021, totaling more than $41 million. “The …

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BrokerageRetail

Abilene Square Retail Center in Aurora Sells for $1.6M

Abilene Square, a freestanding retail strip center located in Aurora, has sold to LV Neosho Investments, LLC for just over $1.6 million. The 6,422-square-foot center property was 100 percent occupied by three tenants at the time of sale. Jon Hendrickson and Mitch Veremeychik with Cushman & Wakefield’s Capital Markets in Denver …

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DevelopmentHealthHospitalityRetail

Clark’s Market to Anchor Exchange at Boulevard One in Lowry

Confluent Development, and its project partner, Kelmore Development, have announced Colorado-based specialty grocery store Clark’s Market as the co-anchor tenant for the Exchange at Boulevard One mixed-use redevelopment in Lowry. This Clark’s Market location represents the store’s seventh location in Colorado and the brand’s entrance into the Denver market, occupying …

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DevelopmentIndustrialRetail

Colorado Springs Boasts Biggest Industrial Project in 2021

According to a CommercialSearch 2021 Industrial Pipeline Report, 1,040 new industrial properties, totaling 342 million square feet, are scheduled for completion during 2021 across the U.S. — a 24 percent increase over last year’s numbers in terms of square footage. Amazon is expected to occupy eight out of this year’s 10 biggest …

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ConstructionDevelopmentEventsHospitalityMultifamilyOfficeRetail

Groundbreaking: Mixed-Use Community ‘The District’

On Wednesday April 7, Brue Baukol Capital Partners‘ latest mixed-use project ‘The District’ broke ground, adjacent to RTD’s Dry Creek Station in Centennial. Spanning over 36 acres, the mixed-use development will offer 2.5 million square feet of office space, a 200-key hotel, 1,800 residential units, and more than 30,000 square feet …

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ConstructionDesignDevelopmentEngineeringMultifamilyRetail

Southern Land Company Breaks Ground on First Master-Planned Residential Community in Colorado

Southern Land Company (SLC) has broken ground on Westerly, a new 400-acre master-planned community in Erie, a first in Colorado. Located at the intersection of Erie Parkway and County Road 5, SLC will invest more than $140 million in infrastructure improvements into the Town of Erie with the project that will …

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BrokerageRetail

Convenience Store/Gas Station in Littleton Sells for $7.3M

A gas station located at 11505 W Belleview Ave. in Littleton, with a Kum & Go convenience store on the premises, has sold to a Southern California-based buyer for $7.3 million. Ian Schroeder and Melissa Ley at CBRE’s Newport Beach office represented the private investor in the triple-net-lease acquisition. “Kum & …

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BrokerageOfficeRetail

CRE Appraisal and Consulting Company Signs Lease at Lowry Town Center

Clayton and Company, Inc., a Denver commercial real estate appraisal and consulting company, has leased 1,381 square feet at 200 Quebec Street, Bldg. 600, in Lowry Town Center in Denver. Lowry Town Center is anchored by Safeway along with an exciting mix of both local and national tenants. It is located just …

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ConstructionDevelopmentHospitalityIndustrialOfficeRetail

Peak Innovation Park in Colorado Springs Secures $45M Financing

D.A. Davidson & Co. an employee-owned financial services firm with an office in Denver, has sold approximately $45 million of limited tax general obligation senior and subordinate bonds for the continued development of Peak Innovation Park, a 900-acre commercial development located at the entrance to the Colorado Springs Airport. The financings will …

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HealthcareHospitalityRetail

Metro Denver Industries Weather One Year of COVID, Look to Recovery

Businesses in the metro area have endured a year of pandemic-related impacts. And while some industries will take many more months (or longer) to recover, others have survived or even thrived under these challenging circumstances. That’s according to a COVID-19 special report from the Metro Denver Economic Development Corporation (Metro Denver EDC) called …

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