DevelopmentReportsRetail

Cushman & Wakefield Report Reveals Denver’s Coolest Streets

Cushman & Wakefield’s latest COOL Streets 2019 Report explores how a new wave of urban, experiential and independent retail concepts catering to changing consumer demands, has led to the rise of 100 “Cool Streets.” The report includes two of Denver’s hottest neighborhoods: Lower Highlands (LoHi) and RiNo and details retail trends, rent range, demographics …

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BrokerageRetail

Grocery-anchored Retail Center in Fort Collins Sells for $23.75M

University Center, a two-tenant, grocery-anchored retail center located at 2201 South College Avenue in Fort Collins, has sold for $23.75 million. CBRE’s Brad Lyons, Mike Winn and Tim Richey represented the seller, Los Angeles-based CIM Group. The buyer, a confidential entity, purchased the property in a sale that closed Sept. 24. “University Center is one …

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BrokerageRetail

Stapleton Retail Center Sells for $42.25M

Marking its first acquisition in the Denver market, ALTO Real Estate Funds, has acquired Quebec Square, a 207,611-square-foot, 91 percent leased, dominant shopping center in Denver’s Stapleton neighborhood. The property was purchased for $42.25 million. Quebec Square is home to top national retailers and is strategically positioned along the highly …

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BrokerageRetail

Lakewood Retail Center Sells for $5M

Union Walk Retail Center at 180 S. Union Boulevard in Lakewood has sold for $5.025 million. The retail center contains approximately 12,000 square feet of retail space and was fully leased at the time of sale. The center features strong national tenants including Bruegger’s Bagels and Floyd’s Barbershop. Matrix Group, …

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Santa Fe Building
ConstructionMultifamilyRetail

Parkview Financial Provides $26 Million Construction Loan for a Multifamily/Retail Project in Denver, CO

Parkview Financial announced today it has provided a $26 million construction loan to Art District Holdings, a Denver-based apartment developer, for the development of an eight-story apartment and retail building located at 1225 Santa Fe Drive in the Arts District in Denver, CO. The 125,494-square-foot asset will include 126 apartment …

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BrokerageIndustrialRetail

Northglenn Shopping Center Sells for $5.6M

Triumph Real Estate Investment Fund II, a Canadian real estate fund based out of Calgary, Alberta, has purchased Triumph Hillcrest Plaza in Northglenn for $5.6 million. Triumph Hillcrest Plaza is a 34,648-square-foot shopping center located at 1412 W 104th Avenue Northglenn. The property, which was 87.9 percent leased at the time of …

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MultifamilyRetail

Forum Real Estate Group Purchase Former Kmart Site

According to the Denver Business Journal, Glendale-based Forum Real Estate Group has purchased the former Kmart property at  the intersection of Monaco and East Evans Avenue, for $10.5 million. The property has sat vacant for seven long years. Forum has submitted a conceptual redevelopment plan to the city that outlines 375 units of …

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ArchitectureDesignDevelopmentIndustrialMultifamilyOfficeRetail

Initial Plans Announced for Mixed-use Development at Broadway Station

Texas-based Endeavor Real Estate Group and Denver-based Legend Partners have unveiled the name and initial plans for a huge transit-oriented, mixed-use development at Denver’s Broadway Station that will pay homage to the recently-demolished Gates Rubber Factory. The development team has named the project “Gates District at Broadway Station,” The total master plan will offer 887 residential …

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BrokerageRetail

Retail Complex in Parker Sells in 1031-Exchange

Country Meadows Square, a multi-tenant retail complex located at 19539 Hess Rd in Parker that what was built in 2018, has sold for $7,700,000 ($319.70/SF) Jeff Johnson and Corey Sandberg, at Pinnacle Real Estate Advisors, LLC, represented the buyer in the transaction. “The completion of this transaction fulfills our client’s …

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BrokerageOfficeRetail

Multi-Tenant Retail/Office Building in Parker Sells for $18.5M

Parker Station, a multi-tenant office/retail investment property located in the heart of downtown Parker at 19751 E Mainstreet, has sold for $18.5 million. This immaculate physical asset is located in beautiful Old Town Parker, which is host to 50+ community events throughout the year, and boasts a strong mix of retail and …

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