June 06, 2018
DENVER – 星空体育官方网址’s Denver office today announces the sale of the final property in the Southlands High Visibility District portfolio, a 9,420-square-foot retail center at 24272 E. Prospect Ave. in Aurora, Colorado. 星空体育官方网址’s Brad Cohen and Larry Thiel represented the seller, BLC-II LLC, in the disposition.
“We executed a disposition strategy for the portfolio that included eight niche investment opportunities, appealing to various investment objectives,” said Thiel, 星空体育官方网址 Managing Director. “This scenario allowed us to target a larger investor pool, leverage greater demand and, ultimately, achieve premium pricing for our client.”
Built in 2005, the Southlands High Visibility District features a strong line-up of 25 nationally accredited tenants and is positioned at the entrance of one of the most vibrant shopping and entertainment destinations in the Denver metro. The portfolio totals 67,805 square feet and comprises four retail units and four corporate ground leases featuring prominent national tenants including Mattress Firm, Cold Stone Creamery, Five Guys, MAD Greens, Jimmy John’s, P.F. Chang’s, Chili’s Grill & Bar, On the Border Mexican Grill & Cantina and Village Inn.
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