Centennial, Colo. — Baltimore-based Continental Realty Corp. (CRC) has acquired Quebec Village Shopping Center, a 125,000-square-foot retail center located in Centennial, approximately 15 miles south of Denver, for $31 million. Brad Lyons of CBRE represented the seller, Kensington Development Partners, in the transaction.
Built in 1988, Quebec Village Shopping Center features a mix of tenants including Walgreens, Chase Bank, GNC, Great Clips, Golf Haus, Starbucks Coffee and Subway, as well as a 43,000-square-foot shuttered Amazon Grocery anchor space.
The acquisition of Quebec Village marks CRC’s second retail center in the greater Denver area, joining Thornton Town Center, a 266,000-square-foot retail center purchased by the firm earlier this year.