King Soopers Grand Opening in Brighton, CO

Check out what we found at the King Soopers Grand Opening at our listing in Brighton!

Check out what we found at the King Soopers Grand Opening at our listing in Brighton!

To view available retail sites at this location, check out our brochure: http://www.creginc.com/pdf/Brighton_Mktplc_at_BrightonCrossing.pdf

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Eater Denver I Prairie Dog Pub & Grill Now Open in Littleton

Prairie Dog & Grill now open at our listing at Coal Mine Centre in Littleton.

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Prairie Dog Pub & Grill has recently opened in Littleton at 5935 South Zang Street. With friendly staff, the new restaurant and bar brings classic pub fare to an area that still has limited options. Among guests favorites are the nachos, Prairie Dog burger, and fried pickles.

Check out the nice, quiet patio and keep an eye out for the ladies night and other specials.
 
Read more: Eater Denver – Prairie Dog Pub & Grill Now Open in Littleton
Property brochure: http://www.creginc.com/pdf/Littleton_CoalMineCentre.pdf
Re-posted by: Crosbie Real Estate Group
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Colorado Real Estate Journal I Key Wheat Ridge site may be developed

Colorado Real Estate Journal I Key Wheat Ridge site may be developed

Check out our listing at 38th and Wadsworth featured in the Colorado Real Estate Journal!

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Colorado Real Estate Journal I Crosbie Real Estate Group Press Release

Colorado Real Estate Journal I Crosbie Real Estate Group Press Release

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Supermarket News I Convenience, technology leading small-store push at Walmart

Image Wal-Mart Stores will open more small stores than big stores in the U.S. this year, underscoring not only that more convenient concepts like Neighborhood Markets are outperforming their larger sibling Supercenters, but a concurrent company-wide effort to use digital technologies to make those small stores behave like large stores when shoppers want them to.

Several presentations during media events at the retailer’s annual shareholders meeting in Bentonville, Ark., on Thursday reflected that theme, including a tour of Walmart’s newest and smallest concept, the Walmart to Go convenience store, and a review of plans for a 15,000-square-foot site dedicated to Internet grocery pickup, set to open here later this year.

The 5,000-square-foot Walmart to Go, carrying just 3,500 SKUs, offers the same prices on identical items from a neighboring 180,000-square-foot Supercenter. Its offerings include c-store staples like fresh coffee, soft drinks as well as hot foods to go provided by a local deli that’s set up a kitchen there.

The as-yet unnamed and unbuilt internet pick-up outlet will carry some 10,000 SKUs and be staffed by logistics employees at Walmart. They will assemble orders made online and deliver to cars in as many as 30 drive-up lanes. The concept is based on a similar offering at Walmart’s United Kingdom banner, Asda, said Judith McKenna, chief development officer at Walmart and a former Asda exec.

Bill Simon, Walmart’s U.S. CEO, said that he saw the opportunity to open the 42,000-square-foot prototype Neighborhood Market grocery stores at a faster rate than the 180 to 200 planned this year. There are approximately 367 such stores today.

The still-smaller Walmart Express model has about 20 stores today, and is still in an evaluation stage, Simon explained, although he expressed enthusiasm for a new unit in North Carolina “thethered” to a larger Supercenter, providing shoppers the opportunity through the Internet and mobile applications to shop the entire breadth of a Supercenter for pick-up at the small store.

“What we’re trying to do with Express right now is build a model that has the ability to project nationally,” Simon said. “Our numbers are really big in every respect and we’re confident today that Neighborhood Markets will have a positive material impact on the company, that’s why we’re going through with that [store growth].”

Read More: http://supermarketnews.com/small-format-supermarket/convenience-technology-leading-small-store-push-walmart#ixzz34A7z148y
Re-posted by: Crosbie Real Estate Group
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Huge Thanks to all of our Sponsors at our Come As You Are Colorado Party!

Huge Thanks to all of our Sponsors at our Come As You Are Colorado Party!

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Westword I Potbelly Sandwich Shop opening in University Hills

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Back in 2011, a Yelper by the name of Alex B wrote an exclamation point-punctuated review of Snarf’s, a homegrown sandwich shop that got its start in Boulder. The sandos are really great, as evidenced by the fact that I’ve been three work days in a row!!” he gushes, but his review of Snarf’s begins with a shout-out to Potbelly Sandwich Shop: “A “Potbelly’s substitute has finally arrived in Denver!!! Until Potbelly’s decides to franchise here, this is the next best thing!!!!”

A romp through other sandwich shop reviews on the Denver Yelp site also reference Potbelly. “It’s my favorite Midwestern chain,” declares one Yelper. “Some day, Potbelly’s will come and drive all these other places out of business with their cheap prices and delicious hot subs,” boldly predicts Matt H, who then describes the sandwiches at Jimmy John’s as simply “average.”

Mr. H’s theory will be tested sooner rather than later, because Potbelly Sandwich Shop, which is headquartered in Chicago, is opening its first store in Denver, in the University Hills Shopping Center, which now has several restaurants, including Lark Burger and the Slotted Spoon.

Its original name, Potbelly Sandwich Works, started, notes the website, in 1977 as a “small antique store run by a nice young couple,” who then “decided to bolster their business by making sandwiches for their customers.” The sandwiches were a major hit, and in 1996, a guy named Bryant Keil — now the chairman of Potbelly — bought the original Chicago store, and has since gone on to open close to 300 Potbelly Sandwich Shops in numerous cities across the country, including New York, Texas, Oregon and Tennessee.

Read more: Westword I Potbelly Sandwich Shop opening in University Hills
Re-posted by: Crosbie Real Estate Group
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Denver Business Journal : Denver’s retail construction lags with available space dwindling

While metro Denver’s retail market is lagging behind the office and industrial markets — as is often the case in commercial real estate anywhere — vacancy rates have still dropped for the past year and retailers are leasing more space than they’re vacating, according to the first quarter MarketView report by CBRE Group Inc.

The average direct vacancy rate stood at 6.6 percent, Los Angeles-based CBRE Group said, while the average retail lease rate climbed to $15.48, up both from Q4 2013 and year over year.

“Driving tenant demand above supply levels again in Q1 2014 were fitness users, niche grocery stores and discount retailers,” according to the report.

The report keyed in on the elevated amount of investment activity in the retail market, with $72.3 million worth of sales in Q1, up 54 percent year over year.

“This gain is attributable to confidence in the market fundamentals and favorable lending conditions,” the report states.

Despite there being only 303,000 square feet under construction — compared to  2.1 million of new office construction and 3.1 million of new industrial space construction...

Read more: Denver Business Journal : Denver’s retail construction lags with available space dwindling
Re-posted by: Crosbie Real Estate Group
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Crosbie Real Estate Group I Recent Deals

Crosbie Real Estate Group I Recent Deals

Some of our recent retail deals and tenant openings throughout the state of Colorado.

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The Denver Post I Natural Grocers store opens quietly in Capitol Hill

 

ImageNo one waited for hours to check out, and it didn’t appear anyone camped overnight, but people in Capitol Hill were still pretty excited about a new grocer in the neighborhood.

 

Natural Grocers by Vitamin Cottage celebrated its grand opening Tuesday in a reclaimed building at East Colfax Avenue and Washington Street.

 

The doors opened without the fanfare of Trader Joe’s, which was flooded by shoppers last week when the ribbon was cut on a location a few miles to the east at East Eighth Avenue and Colorado Boulevard.

 

“For years, you had to get on your bike and ride to 15th and Platte or take all your money to Whole Foods,” shopper Greg DeGroat said. “I’m really grateful as a Cap Hill resident and someone who wants to eat healthy.”

 

Store manager Barb Zalewski said the company didn’t put much effort into announcing the new store, mailing only one set of postcards to the neighborhood. Typically, the Lakewood-based retailer hits its new neighborhoods with six or seven mailings, she said.

 

The new store, in an old Office Depot that has been vacant since 2012, is one of a few in the chain that has a test kitchen for cooking demonstrations, Zalewski said.

 

“People are excited. People are saying, ‘Thank you for being in the neighborhood,’ ” Zalewski said.

 

DeGroat said he found out about the Capitol Hill store when he passed by during the soft opening Saturday. It was his birthday, and he called the store the perfect gift.

 

Read more: Natural Grocers store opens quietly in Capitol Hill – The Denver Post 
Re-posted by: Crosbie Real Estate Group
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