Press release – 162 Tracker Dr, Colorado Springs, CO
Colorado Springs, CO, July 14, 2022- SVN | Denver Commercial, one of Colorado’s top producing real estate investment brokerage firms, is pleased to announce the sale of 162 Tracker Drive in Colorado Springs. The 8,878 sq. ft. retail property was purchased for $4,811,760.
Troy Meyer and Kevin Matthews with SVN | Denver Commercial represented the Seller, A3M2 FAMILY, LLC, and A&S Realty Investment, LLC. Ryan Ward with SVN | Vanguard, San Diego, represented the buyer, RAINIER AVENUE, LLC.
“The seller purchased this property just before the pandemic hit and fortunately, they were able to replace the 3 tenants they lost during that time,” said Troy Meyer. “This is a fantastic location and it is only getting better with the completion of the I-25/Powers interchange and the number of new apartments in the immediate area, which will provide an even stronger customer base for tenants in this center.”
About SVN
The Meyer/Matthews team specializes in the sale of retail, office, and medical properties along the Front Range, and STNL assets nationwide. With more than 40 years of combined experience, they have secured numerous transactions valued at more than $1 billion. The team has sold 10 Colorado Investment properties in the last several months and 26 since the beginning of 2020.
SVN | Denver Commercial, one of Colorado’s top producing commercial real estate brokerage firms, with offices in Denver and Fort Collins. The firm assists real estate owners, investors, and occupiers throughout the state of Colorado and beyond by offering strategic advice and execution for property leasing and sales; property management; corporate services; investment management; research and investment strategy; and consulting. Most recently, the firm was recognized as SVN Firm of the Year in 2018 out of 200 offices globally and consistently ranks in the top 10 for production. For more information, visit www.svncolo.com.
The SVN organization is a globally recognized commercial real estate entity united by a shared vision of creating value for clients, colleagues, and communities. Currently, SVN comprises over 1,600 advisors and staff working in more than 200 offices across the globe. For more information, visit www.svn.com.
Contact:
Troy Meyer
303.974.5737
troy.meyer@svn.com
Kevin Matthews
303.974.5893
kevin.matthews@svn.com
