Lee & Associates North-San Diego Negotiates $17.6 Million Sale of a Sam’s Club
LONE TREE, Colo. - November 14, 2013 - (RealEstateRama) -- Lee & Associates North-San Diego County, part of the national brokerage firm of Lee & Associates, completed the $17.6 million sale of a Sam’s Club, located at 7817 Park Meadows Drive, Lone Tree, Colo. The property, a 129,715 square-foot, single tenant retail outlet, currently has six years remaining on its original 25-year Triple (NNN) Net lease with ten, five-year options to renew
Mountain Real Estate Capital & Oakwood Homes Acquire Banning Lewis Ranch in Colorado
Torrance, CA - May 31, 2012 - (RealEstateRama) -- Mountain Real Estate Capital (MREC) announces the closing of a new investment with Oakwood Homes of Denver to acquire and build out Banning Lewis Ranch, a 2,600-acre, 8,500-approved-lot master-planned community located in Colorado Springs, Colo. The transaction represents MREC’s second investment in Colorado and first with Oakwood. The terms of the transaction were not disclosed.
Westwood Financial Sells Colorado Retail Center for $11 Million
Lone Tree, CO - July 7, 2011 - (RealEstateRama) -- Westwood Financial Corp., one of the largest owner-operators of shopping centers in the U.S., has sold the 34,749 square-foot Heritage Hills Shopping Center in Lone Tree, Colo., as part of its efforts to strengthen its strategic investment in new Southeastern U.S. markets. The retail property, located at 9227-9231 Lincoln Ave., was in Westwood Financial’s portfolio for 11 years and sold to Carlisle Properties for $11.4 million.
Charles Dunn Company Closes $9.7 Million Retail Sale
Torrance, CA - February 23, 2011 - (RealEstateRama) -- Michel Hibbert, senior managing director of Charles Dunn Company’s West Los Angeles office, has closed on the sale of a 14,820-squarefoot Walgreens at 123 E. Belleview Ave., in Englewood, Colo. The value of the transaction was $9.725 million