BrokerageRetail

Mobil Gas Station Changes Hands in Greeley

A Mobil branded gas station and convenience store located at 2201 8th Ave, Greeley, has sold for $1,017,000. After generating interest from many prospective groups, the property was sold to a local buyer with plans to continue operating the business. The 2,088-square-foot station, built in 1968, is only a few blocks South of the …

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BrokerageDevelopmentIndustrialOfficeRetail

81-Acre Mixed-Use Business Park Coming to Broomfield

St. John Properties, Inc. intends to invest $95 million to develop Simms Business park, a 600,000-square-foot mixed-use community on 81 acres of land in Broomfield. Construction activities for phase one are expected to commence in early 2021. Purchased from Brocade Communications Systems, LLC, the business community located at the intersection of N. Simms Street …

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BrokerageRetail

Portfolio of Brakes Plus Properties Sells for $6.95M

Marcus & Millichap has arranged the sale of a portfolio of three Brakes Plus properties located at 16770 East Iliff Avenue, Aurora, 9297 South Broadway, Highlands Ranch, and 24550 East Smoky Hill Road, Aurora, according to Drew Isaac, senior vice president and senior director of the Net Leased Properties Group and …

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BrokerageRetail

West + Main Homes Launches Retail Partnership with Conscious Living Shop

Boutique real estate concept West + Main Homes (WMH) has partnered with with locally owned eco-conscious home goods store, The Conscious Merchant. The first of its kind retail partnership came to fruition when COVID-related closures prevented The Conscious Merchant from opening their original space as planned. The brokerage firm, West + Main Homes has grown exponentially …

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BrokerageRetail

Shopping Center in Durango Sells for $13.35M

Durango Town Center, a 41,781-square-foot retail shopping center located at 1125, 1145, & 1185 S Camino Del Rio in Durango, has sold for $13,350,000. Ryan Bowlby and Drew Isaac, senior vice president and senior director at Marcus & Millichap, had the exclusive listing to market the property on behalf of …

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BrokerRetail

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 …

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IndustrialMovers and ShakersReportsRetail

Amazon Best Positioned to Serve Surging E-Commerce Demand

With covid-19 prevention measures accelerating e-commerce adoption among consumers, retailers offering one-stop shopping and efficient delivery – such as Target, Walmart, and Amazon – are seeing strong online sales. CoStar data reveals Amazon is all but certain to retain its standing for highest online sales. Amazon’s head start in building …

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HospitalityRetail

Denver Street Closures Approved

Last week, the City and County of Denver announced that the Colorado Department of Public Health and Environment (CDPHE) approved of a series of variance requests that will allow for street closures and other measures that will ensure that businesses can open successfully while ensuring adequate physical distancing space for …

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BrokerageRetail

O’Reilly Auto Parts in Fountain Sells for $2.4M

A 7,150-square-foot single tenant net leased O’Reilly Auto Parts retail investment located at 7985 Fountain Mesa Road, in Fountain, Colorado has sold at the full asking price of $2.4 million. Constructed in 2017, the property is part of the Markets at Mesa Ridge shopping center. This busy retail center is anchored by …

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ArchitectureConstructionDevelopmentHospitalityOfficeRetail

Lowry’s Exchange at Boulevard One Tops Out

Development partners Confluent Development and Kelmore Development held their first virtual topping out event amidst the landscape of new COVID-19 protocols, celebrating the construction milestone for the commercial mixed-use redevelopment project in the heart of Denver’s revitalized Lowry neighborhood: Exchange at Boulevard One. Even amid COVID-19, the project’s initial phase …

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