GRUBB & ELLIS HANDLES $1.4 MILLION RETAIL PROPERTY SALE

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COLORADO SPRINGS, COLO. — Grubb & Ellis|Quantum Commercial Group has negotiated the more than $1.4 million sale of a 9,200-square-foot retail building located at 1795 & 1805 E. Cheyenne Mt. Blvd. in Colorado Springs. Grubb & Ellis’ Candace Seaton represented the seller, Fazio’s, and Phil Hicks of David Hicks Lampert represented the buyer, DCL-Lake LLC. Situated on 37,175 square feet of land, the development consists of the Eye Care Center of Colorado Springs and a space formerly occupied by Blockbuster.

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