A 30-year-old tile retailer has gone out of business and closed all 16 of its locations.
A World of Tile, formerly based at 2899 S. Santa Fe Drive in Englewood, operated retail locations in Colorado, Arizona and New Mexico before closing them all in late August and September.
The company did not respond to repeated requests for comment, but multiple brokers who are now listing the former warehouses confirmed that the company has gone out of business and that locations closed by the end of September.
“It caught everybody by surprise,” said Greg Knott, a Unique Properties broker who’s listing two former World of Tile spaces in Englewood and Thornton.
Jim Cochran, who owns the buildings formerly occupied by A World of Tile in Englewood and Highlands Ranch, said the company still owes him “multiple months” of rent payments.
“They were trying to do liquidation sales for a while, but the bank had a priority lien on its collateral, so they came in and got what they wanted out of there,” Cochran said.
The company began lagging in rent payments in May or June, Cochran said. Cochran said the company told him in August that it was going out of business.
A World of Tile was founded in 1989 in Denver. In addition to selling tile and stone, the brand offered design consultations and DIY workshops, according to its website. Sean Kearns was the CEO.
A World of Tile operated 10 tile stores in Colorado, four in Arizona and two in New Mexico.
Here’s a map and detailed rundown of the company’s now-shuttered Colorado locations:
Denver: 4875 E. Evans Ave.
The 8,500-square-foot warehouse in Virginia Village is available for lease, and can be broken into two units. Brokers Brett MacDougall and Michael DeSantis of Unique Properties are listing the property.
Lakewood: 7111 W Alameda Ave.
The warehouse was part of a shopping center that also features retailers Shoe Carnival and Big 5 Sporting Goods.
Englewood: 4747 S. Santa Fe Drive
The 15,000-square-foot building is available for lease or for sale at $4.5 million. It includes a showroom area, and a separate loading and distribution area, as well as 16-foot ceilings throughout. Broker Greg Knott of Unique Properties is listing the space.
Aurora: 1200 S. Abilene St.
The 79,000-square-foot building the tile store formerly shared with a still-operational Burlington Coat Factory is for sale at $6.3 million. Brokers Jake Malman and Sandy Feld of NAI Shames Makovsky are listing the property.
Thornton: 1010 E. 104th Ave.
The 6,075-square-foot building is available for lease. Broker Joella Rodarte of Avison Young is listing the space.
Westminster: 9333 Wadsworth Parkway
The 8,000-square-foot building is available for lease. It includes a temperature-controlled showroom, and a separate shipping and receiving area, as well as two offices and a full kitchen. Broker Greg Knott of Unique Properties is listing the space.
Highlands Ranch: 5740 E. County Line Place
The 10,000-square-foot space is available for lease, or can be leased together with the second 3,400-square-foot retail space in the building. Brokers Lance Eberhard and Jay Landt of Colliers International are listing the space.
Fort Collins: 2830 S. College Ave.
The tile shop operated in a space connected to fabric store The Fig Leaf.
Colorado Springs: 6121 N. Academy Blvd.
The 9,080-square-foot building is available for lease. It includes warehouse and showroom space, as well as three offices. Broker Chris Meyers of Hoff & Leigh is listing the space.
Grand Junction: 747 North Ave.
The 6,900-square-foot building is available for lease or for sale at $849,700. Broker Sid Squirrell of Bray Commercial Real Estate is listing the property.