X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

LOUISVILLE, CO-Boulder, CO-based Income Property Specialists has paid $6 million for the second phase of the Colony Square project here. The company now owns the entire project.

”We are excited to complete the total purchase of Colony Square,” says Jack Gindi, president and CEO of IPS. ”This property is an excellent acquisition for our company and will continue to provide stability and solid future growth for our investors.”

The 28,100-sf second phase at 1100 W. Dillon Rd. includes a number of tenants: Silverstone Mortgage, Fringe Hair Salon, Buy Back Gams, Pap John’s Pizza, Everybody Loves Wireless, Wahoo Fish Taco, Bellco Credit Union, Colony Cleaners, Bear Naked Sports, Panera Bread Café and All About Fitness. Currently, there is only one space of 2,102 sf available.

IPS acquired the first phase of Colony Square in May.

IPS is a full-service commercial real estate firm. It specializes in acquiring, managing, and selling apartments, offices, retail and other income producing properties. The privately-held company tries to identify undervalued properties and through effective management produce substantial returns to its investors.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.