COLFAX CENTRAL CHANGES HANDS FOR $7 MILLION

LAKEWOOD, CALIF. — Cushman & Wakefield of Colorado has completed the sale of Colfax Central, a 14,192-square-foot retail building located at the northwest corner of Colfax and Wadsworth in Lakewood. Developed in 2005 by Land on Landon Enterprises, the property was purchased by two undisclosed California investors for approximately $7 million or $498.52 per square foot. The center is 100 percent leased to tenants, including Panda Express, Starbucks Coffee, Qdoba Mexican Grill and Heidi’s Deli.