Harmony Commons Sold for $14 Million

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FORT COLLINS, CO (Aug. 30, 2024) — Harmony Commons, a neighborhood retail center prominently located at 3541 and 3581 East Harmony Road in Fort Collins, has been sold for$14 million. The property, which consists of two buildings totaling 25,701 square feet on 2.9acres, is fully occupied by a diverse mix of tenants.

Harmony Commons, constructed in 2017, is a prime retail center featuring 10 tenants and anchored by DC Oakes Brewhouse and Eatery. Notable establishments include Potbelly Sandwich Shop, Taste & Savor Wine Bar, Rush Bowls, Tokyo Joe’s, Harbinger Coffee, Dirty Dough Cookies, and Crisp & Green. The center’s strategic location on East Harmony Road, one of Northern Colorado’s busiest corridors, offers high visibility and accessibility.

The sale was brokered by Waypoint Real Estate, which represented the Buyer. The Seller was represented by Jon Hendrickson and Mitch Veremeychik of Cushman & Wakefield. Waypoint Property Management will oversee the management of the property to ensure continued operational excellence.

The Buyer, Commons, LLC, is a Northern Colorado–based investment group led by Vuelo Real Estate Investments. Josh Guernsey, managing partner of Vuelo Real Estate Investments, said,“Harmony Commons has uniquely positioned itself as a community gathering place in south Fort Collins. The sale underscores the strong demand for superior-quality retail assets in Northern Colorado, particularly for those centers that have established a balance of locally owned and operated businesses and national brands that everyone recognizes. With Los Chingones Mexican restaurant providing notice of its closure prior to our group going under contract, our ownership group has been working diligently on plans to backfill that vacancy, with exciting announcements coming soon. Our ownership group plans to maintain the center’s high standards and support its tenants’ ongoing success.”

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