CBRE announced that Krak Boba is joining the new mixed-use project Origin at Downtown Superior in Colorado.
The store, which sells tea, smoothies, coffee and other beverages, has leased a 1,168-square-foot space at 2245 Main Street, Suite 1003. The Superior location will be Krak Boba’s first Colorado store and is slated to open in spring 2024.
CBRE’s Molly Bayer and Melissa Moran arranged the lease and are representing the project’s developer, Carmel Partners, in marketing Origin’s retail space for lease.
“Origin has succeeded in attracting a diverse mix of businesses, including homegrown Colorado companies, established national brands and new-to-market concepts like Krak Boba,” said Bayer.
The store is the latest in a series of tenant commitments at Origin, including Halcyon Mind+Body and Boulder Baked, both announced last year.
Origin at Downtown Superior includes residences, businesses, and outdoor space along Superior’s Main Street. The project has ground floor retail space spread along several city blocks slated for restaurants, fitness, services, medical and other local and regional retailers. Available retail suite sizes range from 800 sq. ft. to 2,700 sq. ft. with a 0.75-acre restaurant site available.
Located where US-36 crosses under McCaslin Boulevard, Origin at Downtown Superior is five minutes from Louisville, 10 minutes from Broomfield and Boulder, and 20 minutes from Denver.
Strong fundamentals persisted in metro Denver’s retail market in the fourth quarter of 2024, according to CBRE research. Retail vacancy continued to decline, dropping to 5.9%, and annual net absorption—a measure of net retail move ins and move outs—totaled a positive 593,000 sq. ft.