Brighton, CO – [October 4, 2019] – Blue West Capital has completed the sale of a multi-tenant retail property located at 5 South 1st Avenue in Brighton, CO for $1,650,000. Robert Edwards of Blue West Capital represented the seller in the transaction; a Colorado based Family Office. The purchaser was a local 1031 exchange investor who was represented by Matthew Vandal of Sognáre Partners.
The Bridge Center is a 11,200 square foot property consisting of medical and retail tenants. The property is located on the hard corner main entrance to Downtown Brighton. Brighton is one of the fastest growing cities in Colorado and is located 20 miles north of Downtown Denver.
“Even though Bridge Center attracted a lot of national investor attention, a local Colorado buyer ended up offering the best price and terms. Buyers liked the low price per square foot, infill location directly off of Highway 85, and consistent year over year population growth.” said Robert Edwards, Managing Partner.
About Blue West Capital
Headquartered in Denver, Blue West Capital focuses exclusively on the acquisition and disposition of retail shopping centers and commercial investment properties in the Rocky Mountain Region, and single-tenant net-leased properties nationwide. We do this by leveraging our 45+ years of combined commercial real estate experience with our proprietary marketing process to deliver the highest value and results to our broad client base of developers, private capital investors, high-net-worth individuals, and investment funds. For additional information, please visit www.BlueWestCapital.com.
