Niebur Development is pleased to announce the closing on the sale of our property located at the intersection of Dublin and Union Boulevards in Colorado Springs known as Cottonwood Square. The property entails 60,000 SF with a combination of Retail and Office space that was 86% occupied at the time of closing.
Cottonwood Square LLC was represented by Matt Call and John Witt of NavPoint Real Estate Group as the seller. Matt Ritter and Peter Sengelmann of Pinnacle Real Estate represented the purchaser, Beemer Building & Brew, LLC.
The transaction was finalized on January 29th for a total of $7,450,000 or $123.86 SF