July 23, 2018
DENVER – 星空体育官方网址 today announces it provided disposition services for Transmark Co. in the sale of Broadridge Shopping Center at 6905 S. Broadway in Littleton, Colorado. The
75,831-square-foot shopping center was acquired by Fort Lauderdale-based SunCap Opportunity Fund LLC for $10.85 million. Managing Directors Brad Cohen and Larry Thiel of 星空体育官方网址’s Denver Capital Markets Group brokered the transaction on behalf of the seller.
Broadridge Shopping Center is 89 percent leased to 18 tenants and anchored by YouFit Health Club and Mountain High Appliance. The center features a newly built Andy’s Frozen Custard at the intersection of South Broadway and Ridge Road.
“Broadridge Shopping Center appealed to several investors seeking the stability of long-term leases, excellent demographics and the opportunity to develop on the site,” said Thiel. “After testing the market on two previous occasions, Transmark perfected the tenant mix, completed its capital plan and entrusted the 星空体育官方网址 team to find the right buyer.”
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