Centennial, Colo. — Marcus & Millichap Capital Corp. (MMCC) has arranged $16.5 million in financing for Willow Creek Shopping Center, a 163,000-square-foot shopping center located in Centennial, a suburb of Denver. VASA Fitness and arc Thrift Stores anchors the property, which is fully leased. Other tenants include CorePower Yoga and Perfect Teeth. Rob Cronenberg of MMCC’s Denver office secured the financing on behalf of an undisclosed national investment firm.
Colorado
Aurora, Colo. — JLL Capital Markets has negotiated the sale of Parkside Collective, a 24,985-square-foot retail strip center in Aurora, a suburb located 15 miles east of downtown Denver. Situated within a larger mixed-use development known as Parkside at City Center, the three-building retail property was 86 percent leased at the time of sale to a mix of national and local tenants, including Five Guys, Cheba Hut and Einstein Bros. Bagels. Jason Schmidt and Austin Snedden of JLL’s Investment Sales and Advisory team represented the seller, an entity doing business as …
Kidder Mathews Arranges $75.9 Million Sale of 10-Property Retail Portfolio Totaling 322,304 Square Feet
San Diego, Calif. — Kidder Mathews has arranged the $75.9 million sale of a 10-property, single-tenant net leased retail portfolio totaling 322,304 square feet. The portfolio spans five states — including Colorado, Illinois, Nevada, Texas and Wisconsin — and features five Albertsons-guaranteed grocery stores, four auto service centers and one Dutch Bros Coffee shop. Paul Danker of Kidder, along with Scott Reid of Parasell Inc. and John Nesbitt, Kristen Zimmerman and Remy Tams of Designated Broker Solutions, represented the seller, a private investor.
Denver — Online retailer Wayfair will open a 140,000-square-foot store in Denver. Situated within The Shops at Northfield, this will mark Wayfair’s third store announcement this year, and its fourth large-format location overall. The store is scheduled to open in late 2026. The Denver location will span two floors and feature 19 departments. Erik Christopher, Tami Lord and Tony Pierangeli of SRS Real Estate Partners, as well as Matt Curtin of Newmark, led lease negotiations in the transaction. Wayfair’s first physical retail store opened in May 2024 in Wilmette, Illinois, while its second location in Atlanta …
Erie, Colo. — Evergreen Devco Inc. has broken ground on Erie Highlands, a 12.7-acre neighborhood retail development located in Erie, approximately 27 miles north of Denver. Situated at the southwest corner of Country Road 5 and Erie Parkway, the development will provide dining options and retail services to serve the Town of Erie’s expanding residential base and the adjacent Erie High School community. Evergreen Devco originally acquired the site in January 2025. Golden Triangle Construction will execute the onsite and offsite horizontal infrastructure development, while Legend Partners will handle leasing …
CBL Properties Acquires Four Enclosed Malls from Washington Prime Group for $178.9 Million
Chattanooga, Tenn. — Chattanooga-based CBL Properties has acquired four enclosed regional malls from Washington Prime Group for $178.9 million. The properties include Ashland Town Center in Ashland, Kentucky; Mesa Mall in Grand Junction, Colorado; Paddock Mall in Ocala, Florida; and Southgate Mall in Missoula, Montana. CBL says it is focused on owning and managing successful enclosed malls in dynamic and growing middle markets. The deal suggests mall recovery extends beyond luxury properties, driven by limited retail construction since 2008, according to The Wall Street Journal. Ashland Town Center is a single-level …
Westminster, Colo. — Eight new tenants have signed leases to join The Orchard Town Center, a 971,000-square-foot open-air, mixed-use regional shopping center located in Westminster, a northwestern suburb of Denver. Postino WineCafe opened a 4,000-square-foot restaurant at the property this summer, while Swing365 opened a 1,000-square-foot golfing simulator. In late 2025, Miniso will make its arrival with a nearly 6,000-square-foot boutique store near CHICA San Chen and GoGLow, which will open later this year, along with a Men’s Wearhouse. Meanwhile, P.F. Chang’s will open this fall and Texas de Brazil, an …
Vail Valley, Colo. — Gart Properties has acquired Edwards Corner, a neighborhood retail center at 56 Edwards Village Blvd. in Vail Valley. Built in 2004, Edwards Corner features 48,351 square feet of retail space and office space on the upper level. The center is currently leased to nearly 50 local businesses, including Hovey & Harrison, Drunken Goat, Cut Meat & Seafood and Il Mago. Jon Hendrickson and Aaron Johnson of Cushman & Wakefield represented the seller, Edwards Corner LLC, in the transaction.
Wheat Ridge, Colo. — Denver-based Canopy Real Estate Partners has acquired Gold’s Marketplace, a neighborhood retail center located roughly six miles outside Denver in Wheat Ridge, for $15.8 million. Situated at 26th Ave. and Kipling St., the 59,000-square-foot center was 83 percent leased to 17 tenants including Illegal Pete’s, Esters Neighborhood Pub, Queen City Collective Coffee, Em’s Ice Cream and Rich Spirit Bagels at the time of sale.
Littleton, Colo. — Ziff Real Estate Partners has purchased Marston Park Plaza, a 101,500-square-foot shopping center located roughly 10 miles outside Denver, for $17.9 million. Situated in Littleton at the intersection of South Wadsworth Blvd. and Belleview Avenue, the center comprises 23 tenants including Chase Bank, Club USA, The Tile Shop, Subway and Edible Arrangements. This transaction marks ZRP’s second retail acquisition in the Denver metro area.