Colorado Springs, CO
CBRE Facilitated the $20.5 Million Sale of Unanchored Strip Center in CO Springs
March 18, 2026
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CBRE has facilitated the $20.5 million sale of the Shops at Dublin Commons in Colorado Springs.
Parker Brown, Matthew Henrichs, and Brad Lyons of CBRE represented John Winsor with Olive Real Estate Partners in the transaction.
Located at 5925 & 5935 Dublin Blvd., the 34,104 sq. ft. strip center was built in 2016 and 2018, respectively, and sits in a high-profile location at the intersection of Powers Boulevard and Dublin Boulevard.
“The Shops at Dublin Commons is ideally positioned within the Powers Boulevard retail corridor, one of the dominant retail trade areas in the Colorado Springs market,” said CBRE’s Brown. “Unanchored strip centers have emerged as one of the most sought-after retail assets in today’s marketplace, and we’ve witnessed investment activity becoming increasingly competitive.”
Overall sales volume for Colorado Springs’ retail market in H2 2025 totaled $205.4 million, a 28.6% increase from H1 2025, according to CBRE research. This brought the total for the year to $365.1 million.
About CBRE K.K.
CBRE K.K. is the Japanese subsidiary of the U.S.-based CBRE Group, Inc. and a leading provider of integrated real estate services for corporate clients in Japan. With a legacy dating back to the founding of its predecessor, Ikoma Shoji, in 1970, CBRE has served as a trusted real estate expert in Japan for over half a century. The firm offers a comprehensive suite of over 20 service lines, including leasing and sales brokerage, advisory services, property management, and valuation, delivered from 8 offices nationwide. Its team of approximately 1,800 professionals (including subsidiaries) is committed to providing optimal, impartial, and data-driven real estate solutions that serve as an essential business infrastructure for its clients. For more information, please visit our website at www.cbre.co.jp and follow our social media accounts on LinkedIn, X, and Facebook.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE: CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm and a premier provider of critical infrastructure services. The company has more than 155,000 employees serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage servicing, valuations); Building Operations & Experience (facilities management, property management, flex space & experience, critical infrastructure); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.com.