Retail

Centerpointe Plaza, a 154,988-square-foot neighborhood retail center along North Academy Blvd in Colorado Springs, has sold for $21.4 million to a Denver-based private fund. Built in 1983, Centerpointe Plaza comprises five multi-tenant buildings on nearly 13 acres. The property is located at 5605-5785 North Academy Blvd., at the intersection with Vickers Dr., …

Kroger recently approved the development of a 123,000-square foot Signature King Soopers store and Fuel Center on the east side of the new RidgeGate Parkway Couplet District in Lone Tree. The RidgeGate community is partnering with Regency Centers to build the grocery-anchored center that will serve thousands of existing and future residents of Douglas …

A KeyBank shops property located at 2305 South Colorado Boulevard in Denver has sold for $5,470,000 or $678 per square foot. The property was 100 percent leased at the time of sale and included three tenants. The property was sold by Armstrong Capital Development, an investment company whose true boots-on-the-ground …

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 …

BMC Investments (BMC), a Denver-based, vertically-integrated real estate investment manager, is planning to build an eight-story apartment building with 156 luxury units and 30,000 square feet of high-end ground floor retail in Cherry Creek North at 299 Milwaukee Street. This new project will be BMC’s 8th development in Cherry Creek North and …

By Ryan George, real estate expert and founder/CEO of 420 Property Colorado has been at the forefront of the cannabis industry since it decriminalized possession in 1975. In 2000, the state legalized medical marijuana. It made history in 2021 when it became the first state to legalize recreational cannabis (Washington also legalized recreational …

The Promenade Shops at Briargate is welcoming four additions to its best-in-class retail and restaurant lineup over the next couple of months. As part of the center’s strategy to bring exciting new energy to Colorado Springs, Seoul BBQ, Arhaus, Fjällräven and Columbia Sportswear will open their doors at the premier …

Arapahoe & Lima Center, a 28,461,000-square-foot shopping center in Centennial, has sold for $8,200,000 or $292 per square foot. Built in 2005, Arapahoe & Lima Center is located at 11405 & 11435 East Briarwood Avenue and features retail and dining space. Ryan Bowlby, first vice president of investments, and Drew …

The development team for Miller’s Landing — Castle Rock’s newest, mixed use commercial development — announced that Intel Corporation has entered into an agreement to become the development’s technology partner. As a result of the agreement, Intel, in partnership with Layer 10, is designing a technology ecosystem and supporting infrastructure …

JLL Capital Markets has arranged a $54 million refinancing for a four-property retail portfolio totaling 436,055 square feet and anchored by best-in-class tenants in and around Denver and Fort Collins. The portfolio comprises Indian Tree Shopping Center at 7705-7739 Wadsworth Blvd. in Arvada; Saddle Rock Village at 7400 S. Gartrell …