Early results on the holiday shopping season suggest consumers proved to be resilient and flexible just as they have been throughout the pandemic recovery, jolting holiday sales to a banner year in 2021 WHAT HAPPENED? Heading into the crucial holiday shopping season, several downside risks threatened to spoil what had already been an undeniably strong…
A retail portfolio comprising three inline shop buildings located within the Westminster Crossings shopping center in Westminster has sold for $9.85 million. Totaling 28,705 square feet of gross leasable space, the multi-tenant asset is 100 percent leased to a strong roster of national and regional tenants. The buyer was Colorado-based Coco’s Place, LLC, which acquired…
Cleveland-based Boyd Watterson Asset Management has acquired a 67,640-square-foot Class A multi-tenant office asset in Colorado Springs. According to Cushman & Wakefield, Boyd Watterson purchased the asset from Denver-based Flywheel Capital for $11 million. The property, located at 1670 Newport Rd, recently underwent interior renovations as well as significant improvement to select tenant spaces. The team of Aaron Johnson, Jon…
Greenwood Village-based Dunton Commercial, a professional, commercial real estate company offering property management, accounting, investment, and advisory services, has purchased a 90,000-square-foot retail center in Pueblo, for $5,980,000. The acquisition also included four outparcel pad sites. The seller, according to county records, was Belmont Squared LLC, which is registered to Stephen Elken. The sale closed on December…