The deal works out to $1,000 a square foot, which brokers said is a record for a multi-tenant retail building along the Front Range.
Retail
Welcome to Business Den’s coverage of the retail industry in Denver. From new store openings to industry mergers and acquisitions, our coverage is comprehensive and up-to-date. We also delve into the challenges facing the industry, such as shifting consumer preferences and the impact of e-commerce on brick-and-mortar retailers.
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Cherry Creek office building, retail space change hands for $83M
Western Development Group has unloaded several of its assets in the neighborhood in recent years.
Cowboy boot brand Tecovas walking into Cherry Creek
“Denver is one of the gateways to the West,” the founder said as to why the Texas-based company is opening a store here.
Japanese clothing retailer Uniqlo closing its downtown Denver store
The apparel company opened its only Colorado location in the Denver Pavilions in 2016 and signed a 10-year lease.
Denver gets first marijuana retailer applicant under social equity program
Social Cannabis owner Daniel Morgan was busted with pot in his 20s. Now he could own the city’s first new dispensary since 2016.
New market aims to bring City Park West corridor back to life
Andrea Leo wanted a job where she could bring her two kids to work, so she opened Sun Market on 22nd Avenue.
Amazon-backed electric car startup plugs into Clayton
Rivian has requested city permits to build a 21,219-square-foot service center with offices at 3893 N. Steele St.
After 70 years, family sells Glendale retail center to Kentro for $13M
The Austins owned the 2.3-acre Square One at Colorado Boulevard and Mississippi Avenue since the late 1940s but the descendants decided to “enjoy our sunset years.”
Small-format Target store opens along Colorado Blvd.
The 40,000-square-foot store is about a third of the size of a regular Target and replaced what used to be a Stein Mart.
Electric car company Lucid Motors charging into Cherry Creek mall
It will be the first Denver store for the startup, which plans to introduce its first electric sedan and go public this year.