Avison Young Reveal Top Trends Impacting CRE in 2020
Avison Young has released its global 2020 Forecast, including ten trends to know for 2020, and national and local property market outlooks for the U.S. and around the world. The annual report series provides perspective on how global events, trends and indicators impact commercial real estate in a variety of sectors, …
Two Well-Positioned Retail Centers Sell for Combined $5.4M
Legend Investment Group (LIG), a division of Legend Partners, LLP recently facilitated the sale of $5.48 million in multi-tenant strip centers. The sale of two 3-tenant retail strip centers concludes a successful 1031 exchange. 9854 Zenith Meridian Drive, Englewood, sold for $2,850,000 and 4490 Peoria, Denver sold for $2,633,664. 9854 Zenith …
CBRE Releases 2020 Real Estate Market Outlook Report
The U.S. economy will continue its long expansion in 2020, supporting the solid fundamentals of the commercial real estate market, according to CBRE’s forecast in its 2020 Real Estate Market Outlook report. CBRE foresees tempered growth in the U.S. commercial real estate market next year due to uncertainty surrounding trade …
Legend Investment Group Announces Sale of a Single Tenant
Legend Investment Group (LIG), a division of Legend Partners, LLP is pleased to announce the sale of a single tenant, net leased Big O Tires located at 6430 W 120th Ave, Broomfield, CO for $2,800,000. After generating multiple offers the property was sold all cash to a 1031 exchange buyer …
St. Charles Town Company Entity Purchases Bonnie Brae Property
A Denver-based entity of real estate development firm St. Charles Town Company has completed the purchase of a 12,500-square-foot property at Exposition and University in the Bonnie Brae retail district. The property sits adjacent to the iconic Campus Lounge and is home to ink! Coffee. “Over the past three years, we …
Construction Update: McGregor Square (PHOTOS)
By Katie Rapone, editor of Mile High CRE. Last week, the Urban Land Institute (ULI) Colorado provided a first-hand look of one of Denver’s most eagerly awaited projects: McGregor Square. Named in honor of the Rockies’ late president, Keli S. McGregor, the project is expected to reenergize LoDo upon its completion in January 2021. Project …
Choice Market Expands in Denver with Third Location at Parq on Speer
Choice Market – a forward-thinking convenience store concept – will be the first retailer to debut at Greystar’s Parq on Speer, Denver’s luxurious new 16-story mixed use community. Located in the city’s bustling Golden Triangle neighborhood at the corner of Speer Blvd. and Bannock St., the new community is situated …
Trends Set to Influence Holiday Retail Season
According to the National Retail Federation’s forecast, the U.S. retail market is anticipating a 4 percent sales gain this November and December from last year’s season. A new report from CBRE highlights the trends in store for retailers and shoppers this shortened holiday retail season, including an earlier start to holiday promotions, new collaborations …
Paradigm River North’s New Way to Office
Denver-based developer Jordon Perlmutter & Company (JP&Co.) has officially announced its latest ground-up development, Paradigm River North. Located at 3400 Walnut in Denver’s energetically creative River North Art District, Paradigm River North will provide 192,000 square feet of creative office space, including 12,000 square feet of ground-floor retail. Current plans include an environmentally …
Private Investor Sees Value in Fountain Retail Center
A private discretionary investor has purchased E Shops at Mesa Ridge, a 9,380-square-foot retail center located at 6825 Mesa Ridge Parkway in Fountain, Colo, for $4.1 million, in a sale that closed Nov. 1. Parker Brown, Matthew Henrichs and Brad Lyons with CBRE Capital Markets, National Retail Partners, represented the seller, a Los …