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JLL Capital Markets announced that it had arranged a $26.7 million refinancing for a Boulder, Colorado shopping center anchored by a Safeway grocery store.
The deal announced Thursday will allow a partnership managed by Jacksonville, Florida-based real estate investment trust Regency Centers Corporation to land a 10-year, fixed-rate loan for Alcove on Arapahoe, a 159,050-square-foot center anchored by Safeway. The property, which also includes HomeGoods, Verizon Wireless and Flower Child as tennants, sits one block from the University of Colorado at Boulder, which normally has a student population of about 35,000.
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Ross Todd
Ross Todd is the Editor/columnist for the Am Law Litigation Daily. He writes about litigation of all sorts. Previously, Ross was the Bureau Chief of The Recorder, ALM's California affiliate. Contact Ross at [email protected]. On Twitter: @Ross_Todd.
