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— Retail Properties Quarterly — November 2015
Moody’s Analytics. The growth
activity in Colorado Springs
continues with positive
absorption for the retail mar-
ket over the last six quarters,
according to CBRE Research.
Due to the high occupancy
of the retail box market in
the majority of the Colorado
Springs submarkets, demand
for box space is outpacing sup-
ply.
Looking ahead, the lack of
box availability in Colorado
Springs is spurring develop-
ment around the metro area.
With 125 acres of proposed
new anchored retail develop-
ments between Monument
and South Academy, construc-
tion in Colorado Springs is very
active. National retailers such
as Boot Barn, King Soopers,
Tractor Supply, Sprouts and
Conn’s are growing their pres-
ence in the market. Overall,
Colorado Springs residents can
look forward to enjoying new
and expanding retail shopping
and dining opportunities in
the immediate years ahead.
s
Colorado Springs has four prime retail trade areas: North Academy, Powers, Broadmoor and Citadel.
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