Holliday Fenoglio Fowler, L.P. has arranged acquisition financing for Southlands Town Center—a mixed-use property in Aurora, Colo. Working on behalf of Northwood Investors LLC, the HFF team led by Managing Director Travis Anderson and Senior Managing Director Eric Tupler placed the five-year loan with CIBC World Markets.
Located at 6155 S. Main St. in Denver’s Aurora suburb, Southlands Town Center is an outdoor lifestyle center that features 730,000 square feet of retail space and 170,000 square feet of office space. The center’s four-block main street and community plaza are surrounded by retailers and restaurants, including AMC Theaters, Barnes & Noble, Ted’s Montana Grill and American Eagle Outfitters. Designed by Callison Architects, Southlands Town Center opened its first store in 2005 and currently has over 100 retailers and restaurants.
Northwood Investors, a privately-held global real estate firm with over $2 billion of real estate assets, was founded in 2006 and invests in various real estate assets worldwide, including office buildings, shopping centers, hotels and residential investments.
John Kukral, president and CEO of Northwood Investors LLC, said: “We are pleased to make our first investment in Colorado and excited about the long term prospects in the region. This acquisition demonstrates our commitment to retail excellence, and we hope to further build upon the quality retailers and restaurants currently established in the center.”
Northwood Retail, a subsidiary of Northwood Investors that leases and manages the firm’s retail portfolio, will lease and manage Southlands Town Center.
For more market data on Denver, please click here.