Colorado-Real-Estate-Journal_286633

Page 18 - June 15-July 5, 2022 www.crej.com Retail R EC E N T M U LT I - T E N A N T T R A N SAC T I O N S ROBERT EDWARDS Managing Partner 720.966.1630 TOM ETHINGTON Managing Partner 720.966.1624 BRANDON GAYESKI Director 720.966.1627 SHAWN DICKMANN Associate 720.828.8310 BRANDON WRIGHT Associate 720.828.7457 ZACH WRIGHT Director & Partner 720.966.1628 WWW.BLUEWESTCAPITAL.COM THE NET LEASE MARKET LEADER JOSH LORENZEN Analyst 720.821.2520 CARLY KELLY Director 720.828.6290 R EC E N T C LOS I N GS The Streets at SouthGlenn Centennial, CO JUST SOLD $15,700,000 S C A N T O S E E O U R C U R R E N T L I S T I N G S FO R SA L E LoHi Plaza Denver, CO JUST SOLD $7,405,083 Shoppes at Drexel Milwaukee MSA JUST SOLD $5,900,000 Park Hill Shops Denver, CO JUST SOLD $3,453,000 79th Street Center Minneapolis-St. Paul MSA JUST SOLD $4,665,000 Sunset Plaza Salina, KS | $9,300,000 North Valley Shopping Center Topeka, KS | $2,275,000 Chick-fil-A & Cafe Rio Centennial, CO JUST SOLD $6,539,000 by Jenna Walters ARVADA – A new food hall concept is opening at the 1,500- acre master planned Candelas community in Arvada. Earlierthisyear, FreedomStreet Social signed a 12,000-square- foot lease with development partners Church Ranch Cos. of Arvada and Candelas Point LLC to occupy the multi-use develop- ment. The concept will open next month, offering fare from nine recently selected vendors, includ- ing Sushi Kuro, The Bkfst Club, Lea Jane’s Hot Chicken, Johnny Good Burger, Osito, Giordano’s Pizza, Balance Pan-Asian Grille, Jeremiah’s Italian Ice, and Pressed Coffee & Vinyl. According to Freedom Street Social representatives, each ven- dor is under a licensing deal at the property, not a lease, allow- ing younger brands to open at the food hall with limited out- of-pocket expenses. As part of the agreements, Freedom Street Social will provide all the com- mon kitchen and operational facilities. The standard vendor space at the food hall is 250 sf. The vendors were handpicked by Freedom Street Social, with no outside broker representation involved. In addition to the diverse mix of vendor offerings, the food hall will include a bar with more than a dozen Colorado craft beers, cocktails and an extensive wine list. Nicole Lebedevitch, the beverage director and part- ner at Forget Me Not in Cherry Creek North, along with Michael McGill , beverage director for The Culinary Creative Group, will run the bar operation. "We are taking a really thought- ful approach and see the space as a community bar, a gathering spot for friends and family. The programs will focus on both local and loved spirits, with attention to playfulness in cocktail offerings and their appearance,” said Lebe- devitch. “We hope the guests see the bar at Freedom Street Social as a cocktail, wine and beer oasis in their own backyard." Freedom Street Social also will house The Chef Kitchen, a culi- nary residency program giving chefs complete creative freedom to test new concepts and host events in a dedicated space. s New food hall to open at Candelas community in Arvada A new food hall offering will open next month at the master planned Candelas community in Arvada. by Jenna Walters LOUISVILLE – A historic res- taurant building in downtown Louisville is being remod- eled to appeal to the needs of today’s retail tenants. Tebo Properties is underway on the restoration of the for- mer Old Waterloo restaurant building at 809 Main St., origi- nally constructed in the early 1900s. The building owner is collaborating with general con- tractor Milo Construction and architect Andy Johnson of DAJ Design on the project. Milo will restore the build- ing façade, remove the back portion of the building, and construct a new basement and a two-story addition including a rooftop deck and two stories of seating. Upon completion, the building will feature an open floor plan with a bar by the main entrance. According to Ben Myers of Tebo, these changes will help attract modern-day restaurant, bar and retail users. The owner is gearing up to start marketing the property to new tenants. “While the building is currently full of unique and historic charac- ter, it lacks a certain functionality needed for modern tenants. With the remodel, we are able to make a modern and efficient building while still holding on to the his- toric character that helps make downtown Louisville a vibrant and eclectic place to visit. This project will serve to preserve the history of Louisville while pro- viding a path forward to a next- generation space,” Myers com- mented. Tebo Properties underway on Louisville restaurant remodel A rendering shows what 809 Main St. in Louisville will look like once remodeled. Please see Tebo, Page 20

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