Holliday Fenoglio Fowler, L.P. (HFF), on behalf of the owner, is offering qualified investors the opportunity to acquire Towne Center at Brookhill, a 302,641-square-foot, market-leading retail center in the burgeoning Denver suburb of Westminster, Colorado. The retail center is 95.2 percent leased with an average tenant tenure of 14.6 years, offering investors the opportunity to acquire a best-in-class, dominant neighborhood retail center with income stability from diverse national credit and regional tenants. There is additional upside to be captured through marking tenants to market, repositioning existing space and the spinoff of up to six outparcels for accretive cap rates.
Towne Center at Brookhill is situated on 35.9 acres at the cross-hairs of Westminster’s most dominant arterials and less than half a mile west of the six million-square-foot Downtown Westminster redevelopment. The retail center is anchored by a diverse mix of leading national and regional retail, fitness, entertainment, service and food tenants offering consumers a complete, destination shopping experience. The property is shadow anchored by Home Depot, the No. 1 home improvement retailer in the United States.