HFF Arranges Colorado Retail Sale

Brookhill Towne Center sits on approximately 8.5 acres. The retail center is 81.5 percent leased to three tenants: Fruehauf’s, Guiry’s and Dollar Tree.

Brookhill Towne Center
Brookhill Towne Center

HFF secured the sale of Brookhill Towne Center, a 99,142-square-foot, value-add retail center located in Westminster, Colo. The company worked on behalf of the seller and procured the buyer. Experimental Holdings Inc. purchased the asset for $4.3 million.

Located at 6755 88th St., on the northeast corner of W. 88th Ave., the development sits on approximately 8.5 acres. Built in 1989, the retail center is 81.5 percent leased to Fruehauf’s, Guiry’s and Dollar Tree. Brookhill Towne Center is also only one block east of Wadsworth Boulevard, a major north-south road. Home Depot, Costco Wholesale and JCPenney are also nearby.

Managing Director Jules Sherwood was part of the investment advisory team that represented the seller. Back in July, HFF closed another value-add retail center sale located in the Denver suburb of Centennial, Colo.

Image via Google Street View