Jones Lang LaSalle Incorporated : Regional shopping center in suburban Denver secures .85M in financing
DENVER, Nov. 30, 2022 -JLL Capital Markets announced today that it has closed the $28.85 million refinancing of Northglenn Marketplace, a high-prof...
DENVER, Nov. 30, 2022 -JLL Capital Markets announced today that it has closed the $28.85 million refinancing of Northglenn Marketplace, a high-profile regional shopping center situated adjacent to I-25 in Northglenn, Colorado, a high-performing suburb approximately a 15-minute drive north of Denver. JLL marketed the property on behalf of the borrower, a joint venture managed by Hutensky Capital Partners, to secure the five-year floating-rate loan through HTLF. Built in 1999, the center is anchored by Lowe's (NAP) and is leased to a dynamic tenant roster, including JOANN, Ross, PetSmart, Woodley's, Office Depot, Painted Tree Boutiques, dd's Discounts, Five Below, K&G and Cinzetti's.