Denver — Simon Property Group has signed leases with four new tenants at Cherry Creek Shopping Center, a 1.1 million-square-foot super-regional mall located in Denver. Japanese-inspired concept Milk Jelli is anticipated to open this July, while STUDS and Crate & Barrel are expected to open in the fourth quarter of this year. Rothy’s, a lifestyle and sustainable fashion brand, will launch in the second quarter of 2027. Cherry Creek Shopping Center welcomed a mix of additional tenants earlier this year including Captain Crêpes, SKIMS, Gucci, Ash & Agave, BYLT Basics, Swarovski, …
Highlands Ranch, Colo. — Shea Properties has completed the $37.1 million sale of the Shops at Highland Walk, a 94,795-square-foot retail center in Highlands Ranch, located 13 miles south of Denver. Regency Centers acquired the property. Located at 4000 Red Cedar Drive, Shops at Highland Walk consists of two multi-tenant inline buildings flanking grocery anchor tenant King Soopers and four additional outparcel buildings on the perimeter. At the time of sale, the property was 98 percent leased to 17 tenants. Jon Hendrickson and Aaron Johnson of Cushman & Wakefield represented the …
Fort Collins, Colo. — Alpine Investment Group LLC has sold Drake Crossing, a 56,214-square-foot shopping center located in Fort Collins, for $12.2 million. Jason Schmidt and Austin Snedden of JLL represented the seller in the off-market transaction. The buyer was a joint venture between Big Ben Funds and CAMCRE. The three-building retail center was 96 percent occupied at the time of sale by tenants including Subway, Joseph’s Hardware Store, Intersect Brewery and Poudre Pet & Feed Supply. Safeway and Walgreens shadow anchor the property.
Conshohocken, Pa. — Conshohocken, Pennsylvania-based CenterSquare Investment Management has acquired four shopping centers in four states. The portfolio includes Trade Court Shoppes Add-On, a fully leased, 14,721-square-foot retail center in Charlotte, North Carolina; Deer Valley Shoppes, a 17,000-square-foot retail strip center in Phoenix; Lake Mead Gateway Plaza, a fully leased, 19,671-square-foot shopping center in Henderson, Nevada; and The Shops at Foothills Mall, a 111,220-square-foot retail center in Fort Collins, Colorado. Together, the shopping centers span more than 162,000 square feet and were 93 percent occupied at the time of sale.
Denver — Walker & Dunlop has arranged $130 million in financing to fund the mixed-use redevelopment of a former Veterans Affairs (VA) hospital campus in Denver. GM Development, a locally based urban infill development firm, is the borrower. Chris Rumul, Jason Silva, Cole Parker and Mike Valucci of Walker & Dunlop arranged the financing through the U.S. Department of Housing and Urban Development (HUD) 221(d)(4) loan program. This marks the largest HUD 221(d)(4) loan in the company’s history. (The 221(d)(4) loan product is HUD’s construction-to-permanent financing program that funds the …
Loveland, Colo. — Denver-based real estate investor and developer Realberry has begun vertical construction on the retail core of Avenue South, a 140-acre mixed-use project within the Centerra community in Loveland, 46 miles north of Denver. The development will create a walkable district integrating retail, office, dining and thousands of new homes at the intersection of I-25 and U.S. Highway 34. Approved by the City of Loveland in 2023, Avenue South will extend miles of trails and open space while introducing large-scale retail, dining and gathering places to keep pace …
Monument, Colo. — A partnership between Legacy Development Partners (LDP) and The Garrett Cos. has acquired approximately 30 acres to develop Legacy at Jackson Landing, a 225,000-square-foot retail center located at the northeast quadrant of Interstate 25 and Baptist Road in Monument, roughly 20 miles north of Colorado Springs. The development will be anchored by Target, with other proposed tenants including Marshalls, HomeGoods, Chick-fil-A and Firehouse Subs. Additional retailers and restaurants are currently in active negotiations. Construction is expected to begin immediately, with a targeted opening in October 2027. Fort …
Northglenn, Colo. — JLL Capital Markets has negotiated the $10.2 million sale of Washington Center, a 50,445-square-foot retail center located in Northglenn, a northern suburb of Denver. Jason Schmidt and Austin Snedden of JLL represented the seller, an entity doing business as Northglenn LLC, in the transaction. Rob Bova, also of JLL, arranged a fixed-rate acquisition loan on behalf of the buyer, Lafayette Property Co. Washington Center was 92 percent leased at the time of sale and features 19 tenants across 21 retail suites. Restaurants and retailers at the property include …
Denver — Stockdale Capital Partners, in collaboration with Unified Global Alternatives, has completed the recapitalization of The Shops at Northfield, a 1.1 million-square-foot lifestyle center located in Denver. Since acquiring the property in 2021, Stockton has secured entitlements for up to 1,500 apartment units; relet former anchor boxes to Wayfair and Life Time; and has signed roughly 350,000 square feet of additional leases with retailers such as lululemon, Nike, Sephora, Lucky Strike and a grocer. Current tenants at The Shops at Northfield, which spans 87 acres of retail, restaurant and …
Longmont, Colo. — DoubleBay Partners and Midloch Investment Partners has sold 1630 Pace Street, a 56,000-square-foot single-tenant retail property located in Longmont, approximately 37 miles north of Denver. Situated within the Fox Creek Marketplace neighborhood center, the space is occupied by VASA Fitness, which was converted from a former Safeway grocery store. Mark Thiel and Cory Gross of Marcus & Millichap arranged the sale.
Newer Posts