Matrix Group Blog

Matrix Group Sells Union Walk Retail Center

Matrix Group Sells Union Walk Retail Center

Matrix Group, Inc. is excited to announce the sale of Union Walk Retail Center, an approximately 12,000 square foot retail center in Lakewood.  The property was purchased in September 2019 by Union Walk LLC for $5.025 million.  Union Walk Retail Center, which was fully leased at the time of sale, is home to many nationally-known businesses such as Bruegger’s Bagels, Jimmy John’s Sandwich Shop, Floyd’s Barbershop, At the Beach, and more.  Dan Grooters and Riki Hashimoto, of Newmark Knight Frank Frederick Ross, represented Matrix Group throughout the sale. 

Proceeds from the sale of Union Walk Retail Center will be used in a 1031-tax exchange for the purchase of Huron Business Center, a 78,187 square foot industrial/flex center in Northglenn, CO.  Most property acquisitions for Matrix Group in the past few years have also been industrial and flex-use centers, reflecting a redistribution in the makeup of the company’s 1m square foot portfolio.    

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Matrix Group Adds West Evans Industrial Property to Portfolio

 Matrix Group, Inc. is excited to announce its acquition of 1550 W Evans - a multi-tenant industrial building with easy access to Sante Fe Drive and Interstate 25.  With its 18-foot ceiling heights, loading and dock-high doors, 1550 W Evans is an excellent addition to Matrix Group's strong and diverse portfolio.  The article below published in the Colorado Real Estate Journal details the sale. 

1550 Evans Article CREJ 10 17 18

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