Retail property sales outpace all others in 2011

Sales of Northern Colorado commercial real estate in 2011 improved slightly over 2010, with demand highest for properties in high-traffic locations and stable cash flow.

Overall, there were roughly 120 sales transactions in the first three quarters of ’11, compared to 112 for the same period the previous year, according to a third-quarter report by Sperry Van Ness/The Group Commercial.

Total dollar volume, though, was down for the same periods – to roughly $135 million in ’11 from nearly $150 million in ’10 – because there were more properties on the market than…