Quebec Square Quebec Square

ALTO Real Estate Funds has acquired bought the 207,611-square-foot Quebec Square shopping center in Denver for $42.3 million. This is the investor's first purchase in Denver.

Quebec Square is 91% leased to tenants including Ross Dress for Less, PetSmart, Office Depot, and Panera Bread. It is shadow anchored by Home Depot, Walmart, and Sam's Club.

The acquisition of Quebec Square was financed with a $28 million, 7-year term loan at an attractive fixed rate from Goldman Sachs. Walker & Dunlop's Los Angeles Capital Markets Team secured the debt on behalf of ALTO Real Estate Funds.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

Denver
Net Lease
Retail
Capital Markets