Transwestern’s Denver office today announced that it brokered the sale of Conifer Town Center, a 107,451-square-foot shopping center located at 27102 – 27182 Main Street in Conifer, Colo. The property was sold by GCCFC 2007-GG11 Conifer Complex, LLC to purchaser T Conifer Retail, LLC an affiliate of Dallas based Tabani Group, Inc. Transwestern’s Brad Cohen, vice president, and Larry Thiel, vice president, represented the seller.

“Competition for this REO asset was fierce,” said Cohen. “Several investor groups new to Colorado pursued it.”

The shopping center is 75 percent leased with Safeway occupying 65,000 square feet. Other tenants include Sonic Drive-In, Village Liquor’s and Safeway Fuel Pad amongst other retail and restaurant tenants.

 “Conifer Town Center provides stable income with a significant value component,” said Thiel. “With fresh capital and renewed energy, it will be the entertainment and shopping hub for the town of Conifer for years to come.” 

The project is situated on a 13.31-acre site located just southwest of Metro Denver on US 285.

Transwestern is a privately-held operating company specializing in commercial real estate services, investment and development.  The firm’s fully integrated approach delivers value to owners, investors and users of commercial real estate through innovation, penetrating market intelligence and legendary service delivered by teams of local experts.  Transwestern has product specialties in office, industrial, retail, multifamily and healthcare and is an industry leader in sustainability solutions and in market research through its affiliate, Delta Associates.

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Media Contact:
Katy Wilson