Matthews Retail Advisors Facilitates $4M sale of Quincy Corners
Aurora, CO – Matthews Retail Advisors arranges the $4 million sale of Quincy Corners retail center located at the corner of E Quincy Avenue and S Reservoir Road in Aurora, Colorado. The complex is anchored by Big 5 Sporting Goods. The seller, Spirit Realty Capital, was represented by Patrick Toomey …
Downtown Denver Partnership Releases 2016 State of Downtown Denver Report
Denver, CO – The Downtown Denver Partnership issued today the 2016 State of Downtown Denver report. The annual report, funded in part by the Downtown Denver Business Improvement District, is one of the most comprehensive statistical looks at the stories and statistics behind a thriving center city, detailing increasing investment, strong …
Denver Building Boom Reaches $4.2 Billion
Denver, CO – CBRE Research releases their latest Market Flash for the Denver construction market, which is reporting nearly $4.2 billion of commercial building in progress (excluding single-family residential, healthcare and infrastructure projects). Multifamily and hospitality projects are recorded as representing 74% of the total value. Graphic courtesy of CBRE Research
Fort Collins Shopping Center Changes Hands
Fort Collins, CO – Marcus & Millichap, recently announced the sale of a 18,988-square foot retail strip that is a portion of a Mulberry & Lemay Crossings, a 328,495-square foot retail property in Fort Collins, Colo., anchored by Walmart and Home Depot. Garrette Matlock, an investment specialist in Marcus & Millichap’s …
Marijuana Driving Up Retail Rents Commercial Real Estate Market
View here Lee and Associates’ principal, Paul Hallberg, provides insights into how marijuana retail locations are driving up rents in the retail commercial real estate market. Rental rates which are averaging $30/SF for marijuana retail locations are driven by the premium for space. Considerations for financing, the impact of light …
Millennial Retail Trends Impacting Design
View here Millennials continue to influence the design and construction of new spaces, including retail. This article published by GS&P focuses on how certain millennial behavioral factors should be taken into consideration by design professionals including the values of convenience, technology integration, ease of access and sense of place. Photos …
To Spring Forward, CRE Should Look Back
In theory, analysis of market research can prevent the commercial real estate industry from repeating the mistakes of the past. Left unheeded, market research can only provide numbers and statistics. by Julie Wanzer, LEED AP As we “spring forward” into the second quarter of 2016, it can be beneficial to …
CBRE Completes $3.95 Million Sale of Centennial Retail Center
Denver, CO – CBRE Group, Inc., recently announced the $3.95 million sale of the retail center located at 8006 East Arapahoe Road in Centennial, Colorado. BS Property Investments of Denver purchased the 14,121-square-foot, seven-tenant property in a sale that closed April 1, 2016. Matthew Henrichs and Brad Lyons, both of …
$13 Million Sale of Creekside Shopping Center Latest Positive Sign for West Colfax Retail Market
Denver, CO – CBRE Group, Inc., recently announced the $13 million sale of the Creekside on Colfax retail center located at 1692 Wadsworth Boulevard and 7475, 7355 and 7205 West Colfax Avenue in Lakewood, Colorado. Brown and Associates of Westminster, Colorado, purchased the 43,863-square-foot multi-tenant center, which is shadow anchored by …
Transwestern Brokers Sale of Shopping Center in Denver’s Northwest Submarket
Denver, CO – Transwestern’s Denver office represented the Ann Hurley Hodgdon Trust in the sale of Independence Square, located at 4980 and 4990 Kipling St. in Wheat Ridge, Colorado. The 43,770-square-foot shopping center was acquired by an undisclosed family trust. Managing Directors Brad Cohen and Larry Thiel of Transwestern’s Denver Capital …