Colorado

Denver and Littleton, Colo. — Sidford Capital has acquired two shopping centers totaling 111,142 square feet in Colorado for $11.2 million. A Southern California-based private investor sold the portfolio, which includes Athmar Park Shopping Center, a 58,204-square-foot neighborhood retail center in Denver, and SouthPark Shopping Center, a 52,938-square-foot property located in Littleton. Family Dollar anchors Athmar Park, which was 77.5 percent occupied at the time of sale. SouthPark was 84.5 percent occupied at the time of sale. Ryan Bowlby and Drew Isaac of Marcus & Millichap represented the seller and procured …

Greeley, Colo. — Marcus & Millichap has brokered the $2.2 million sale of a 15-year, absolute triple-net ground lease for an Ent Credit Union-occupied property in Greeley, southeast of Fort Collins. A developer sold the property to an undisclosed buyer. Drew Isaac and Ian Hicks of Marcus & Millichap’s Denver office represented the seller in the deal. The Ent Credit Union is situated within a mixed-use development that also features a Starbucks Coffee and QuikTrip, as well as residential space. 

Durango, Colo. — Armstrong Capital Development has purchased Durango Town Center, a shopping center located in Durango. A local private investor sold the asset for $14.5 million. Durango Town Center was 98 percent leased to 20 tenants at the time of sale. Ryan Bowlby and Drew Isaac of Marcus & Millichap’s Denver office represented the seller in the transaction, and Bowlby procured the buyer. 

Littleton, Colo. — Hawkeye INVSCO has sold a three-property retail portfolio in Littleton to an undisclosed investor for $15.1 million. Totaling 101,103 square feet, the portfolio includes Marketplace at Ken Caryl, Columbine Plaza and Marina Pointe Shopping Center. Marketplace at Ken Caryl comprises 47,606 square feet and was originally built in 1981. Columbine Plaza offers 33,947 square feet of multi-tenant space, and Marina Pointe Shopping Center features 19,550 square feet situated on 1.8 acres. Jon Hendrickson, Aaron Johnson and Mitch Veremeychik of Cushman & Wakefield represented the seller in the transaction. 

Colorado Springs, Colo. — Evergreen Devco has sold six retail parcels located at West Mesa Commons shopping center in Colorado Springs. Totaling 8.5 acres, the parcels are situated within a 51-acre mixed-use development project by Evergreen, which also includes an apartment community and townhome community. A 2,213-square-foot Starbucks Coffee occupies one of the parcels, and other tenants include a 5,606-square-foot Super Star Car Wash and a 5,533-square-foot Circle K. Pacific Dental Services plans to begin construction at the property this fall, and Popeyes and Les Schwab Tire Center also plan to …