Colorado-Real-Estate-Journal_463660

Page 18 - June 4-17, 2025 www.crej.com Retail 3615–3625 W. Bowles Ave. Littleton, CO 80123 1,072 – 1,500 SF Available Peter Kapuranis ext. 103 Columbine Valley Shopping Center Retail Space for Lease 9106 W. 6th Ave. Lakewood, CO 2,519 SF Available Matt Landes ext. 101 Meadowlark Hills Union Exchange Building 8933 E Union Avenue Greenwood Village, CO 80111 Executive Suites Available $400.00/month Peter Kapuranis ext. 103 Westlake Plaza 1479 W. Eisenhower Blvd Loveland, CO 80538 1,800 - 2,181 SF Available Anchored by Safeway Matt Landes ext. 101 Alameda Square 12790 – 12792 W. Alameda Parkway 1,200 – 2,500 SF Available Below Market Rents Peter Kapuranis ext. 103 J&B Building Company Call 303.741.6343 ext. 100 or visit our website: www.jandbbuilding.com by Avalon Jacka WHEAT RIDGE – A former grocery-store-turned-neigh- borhood-retail-center has trad- ed hands for an undisclosed price. CentrePoint Properties acquired Gold’s Marketplace, a 59,903-square-foot neigh- borhood retail center situated on 3.5 acres on the northwest corner of Kipling Street and West 26th Avenue, from Quan- nah Partners. Cushman & Wakefield’s Jon Hendrickson, Aaron Johnson and Mitch Veremeychik represented the seller in the transaction. “Gold’s Marketplace has been a cornerstone for Wheat Ridge and the Paramount Heights neighborhood for over 60 years,” Hendrickson said. “We heard many stories of the ‘old days’ throughout market- ing, and the seller was able to pay homage to the history while creating the future. The neighborhood is west of down- town Denver and features pop- ulation density, quickly elevat- ing income demographics, and proximity to Denver’s moun- tain amenities.” Built in 1960, Gold’s Market- place had served as a neigh- borhood grocery anchored shopping center but had fallen into disrepair. Quannah Part- ners acquired the property in February 2020 after “recogniz- ing the opportunity to rees- tablish the site as a modern, community-oriented destina- tion,” a statement from Cush- man & Wakefield said. In 2022, the firm completed a value- add redevelopment strategy, including a full exterior reno- vation, improvements to the parking lot and site infrastruc- ture, refreshed signage, and support for customized tenant build-outs. The former Gold’s Grocery space was also rede- veloped to accommodate mul- tiple tenants. “Gold’s Marketplace was a meaningful opportunity to invest in a property with strong community roots and bring it back to life in a way that both respected its history and created long-term value,” said Quannah Partners partner Bobby Ghiselli. “We’re proud of the collaborative effort behind this transformation, from our partners and tenants to the city of Wheat Ridge, and we are excited to see the center con- tinue to thrive under its new ownership.” The city of Wheat Ridge com- mended Quannah Partners with a Revitalization Award in 2022 for its work on the property. “The Wheat Ridge Urban Renewal Authority and Renewal Wheat Ridge have been extremely pleased with its partnership with Quannah Partners over the past several years,” said Steve Art, city of Wheat Ridge economic devel- opment manager and urban renewal executive director. “This unique center has become a hub for Wheat Ridge’s south- ern edge, and we look forward to working with the new own- ers to continue to support the project’s success and that of its thriving tenant base.” The property was 82% occu- pied by 17 tenants, including food and beverage tenants The Werks, Illegal Pete’s, Esters Neighborhood Pub, Queen City Roasting Co., Em’s Ice Cream, and Rich Spirit Bagels, as well as retail, wellness, pet care and other service tenants. Leas- ing efforts for the redeveloped property were managed by JLL’s Sam Zaitz and Lorenzo Harris, who curated a “dynamic and complementary tenant mix,” a statement from Quannah Part- ners said. Founded in 2008, Centrepoint Properties is active in all major markets in Colorado and Ari- zona. The firm purchased Edge- water Public Market for $25.5 million in December, according to previous reporting. s CentrePoint Properties purchases Gold’s Marketplace center The 59,903-square-foot redeveloped Gold’s Marketplace was 82% leased to food and beverage, retail and service tenants at the time of sale. Himel started with the firm in 2001 coming from a 10-year career in the restaurant industry. He represents multiple national, regional and local restaurant andentertainment operators as a restaurant specialist throughout the state of Colorado and across the Mountain States region. Himel has also been successful as a listing agent, leasing infill development sites throughout the metropolitan Denver area, including in the River North, LoDo, LoHi and Cherry Creek North neighborhoods of Denver as well as several community gathering places like Edgewater Public Market in Edgewater and York Street Yards in Denver. s Kenneth Himel David Hicks & Lampert Brokerage appoints Kenneth Himel president of the firm