CBRE Capital Markets’ Debt & Structured Finance has secured $10.2 million in acquisition financing for the Shops at Broadview, a 35,587-square-foot retail center in Englewood, Colo.
CBRE’s Mark McGovern and Morgon Fraser arranged the loan on behalf of the borrower, Gerrity Group.
The Shops at Broadview is situated in an infill location along the South Broadway retail corridor, just north of the South Broadway and West Belleview Avenue intersection. The single-story retail center is anchored by a Sprouts Farmers Market. Tenants include Five Guys Burgers and Fries, Jersey Mike’s and Supercuts.
“The high-density residential neighborhood, robust traffic counts, and strong tenancy made this a very attractive property for investors,” said Mr. McGovern, Senior Vice President, CBRE.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE: CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2020 revenue). The company has more than 100,000 employees serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
