BrokerageRetail

Historic Retail Property in Aspen Trades for $5.9M

New York City-based Thor Equities has sold 228 S. Mill Street, a 4,300-square-foot retail property in downtown Aspen, to an undisclosed buyer for $5.9 million. The property was originally built in 1980 and is part of the City of Aspen’s historic property inventory. The 228 S. Mill Street building is an expansive …

READ MORE →
ArchitectureConstructionDevelopmentHospitalityMultifamilyOfficeRetail

World Trade Center Denver Project Moving to Globeville’s Fox Park

The World Trade Center (WTC) Denver has pivoted its plans to develop its new global campus at 38th and Blake St. in the RiNo District, due to development delays and a change of scope of the project. WTC will instead build at Fox Park, a 41-acre community development site at the crossroads of I-70 …

READ MORE →
BrokerageMultifamilyRetail

Rêve Boulder’s Residential and Retail Units Sell for $151M

Virtú Investments, a multifamily real estate investment firm primarily engaged in the management of apartment properties in the western U.S., has purchased the multifamily and retail components of Rêve Boulder, a mixed-use community located in a Qualified Opportunity Zone (QOZ) at 30th & Pearl Streets in Boulder. The firm purchased …

READ MORE →
AwardsBrokerageIndustrialInvestmentMultifamilyOfficeRetail

DMCAR Announces Heavy Hitters Award Winners

During a virtual awards ceremony held on Friday March 5, the Denver Metropolitan Commercial Association of REALTORS® (DMCAR) honored its top commercial real estate producers of 2020 in land, industrial, multi-family, office, investment, retail, and small office broker categories at the association’s annual Heavy Hitters Awards. In addition, DMCAR recognized …

READ MORE →
BrokerageRetail

Three Retail Properties in Colorado Sell for Combined $13.68M

Three net-leased retail properties located in metro Denver, Colorado Springs and Pueblo, recently sold for a combined $13.68 million. Brad Lyons, Matthew Henrichs and Parker Brown with CBRE’s National Retail Partners group in Denver represented the seller on each transaction. “The market for high-quality, net-lease investment opportunities across the Colorado Front …

READ MORE →
ConstructionDevelopmentRetail

Grocery-Anchored Shopping Center Breaks Ground in Denver

Evergreen Devco, Inc., a leading retail and multifamily development company, has broken ground on a Sprouts Farmer’s Market-anchored shopping center on the northeast corner of 56th Avenue and Tower Road in Denver. The development site, which Evergreen closed escrow on the 8.375-acre land purchase in December 2020, will feature one …

READ MORE →
BrokerageRetail

Starbucks-Anchored Retail Building Sells for Record Pricing 

A newly constructed, five-tenant retail building located at Denver Airport Hotel Row, has sold for $5.6 million, representing record pricing for a multi-tenant retail pad in the Mountain States region in 2020. Built in 2018, the 10,300-square-foot building is situated on 1.59 acres at 6991 N. Tower Road and is …

READ MORE →
BrokerageDevelopmentRetail

QuikTrip to Open New Gas Station Convenience Stores in Denver Metro

Oklahoma-based convenience store chain QuikTrip Corporation recently acquired two land sites, one in the Central Park neighborhood of Denver and the other in Parker. The acquisitions kick off QuikTrip’s plan to open up to 70 stores in the Denver metro area. Central Park Evergreen Devco, Inc., a leading retail and multifamily development …

READ MORE →
BrokerageRetail

Global Pacific Properties Acquires Historic Hibbard Building in Colorado Springs

A downtown Colorado Springs landmark, the Hibbard building, located at 17-19 South Tejon Street, has sold for $5.55 million. The five-story, former department store has been a fixture in Colorado Springs for more than 100 years. Newmark Director Simon Penner and Managing Director Brian Wagner represented the seller, The Hibbard Family, LLC, …

READ MORE →
DesignDiversityEventsFeatureHospitalityOfficeReportsRetail

Emerging Trends in Real Estate 2021: ULI Report

By Katie Rapone, editor Mile High CRE The Urban Land Institute’s Emerging Trends in Real Estate® 2021 report highlights the trends shaping the real estate industry. The report, which includes proprietary data and insights from more than 1,600 leading real estate industry experts, explores how COVID-19 accelerated many existing trends …

READ MORE →