Shopping Center in Suburban Denver Secures $28.9 Million Refinancing

by Hayden Spiess

Northglenn, Colo. — JLL Capital Markets has arranged the $28.9 million refinancing of Northglenn Marketplace, a shopping center located in Northglenn, a suburb of Denver. Eric Tupler and Rob Bova of JLL represented the borrower, a joint venture managed by Hutensky Capital Partners, and secured a five-year, floating-rate loan through HTLF. Lowe’s anchors the center, which is also leased to tenants including JOANN Fabric and Crafts, Ross Dress for Less, PetSmart, Woodley’s, Office Depot, Painted Tree Boutiques, dd’s Discounts, Five Below, K&G and Cinzetti’s.

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