JLL closes $41.15M sale and $27.27M financing of Stanley Marketplace in Denver metro area
United States, Sept. 8 -- ?JLL Capital Markets announced the $41.15 million sale and $27.268 million financing of Stanley Marketplace, a 102,125-square-foot adaptive reuse marketplace located at 2501 Dallas St. in Aurora, Colorado.JLL represented the seller, Westfield Company Inc., in the transaction. Magnetic Capital acquired the asset and was assisted by JLL in securing a five-year acquisition loan through a regional bank.Originally constructed in 1954 as an ejection seat manufacturing facility and meticulously redeveloped, the landmark marketplace spans a 19.5-acre site. Today, the property is 98% occupied by 54 tenants, boasting a curated, highly stable mix of local businesses, entrepreneurs and popular dining and entertainment destinat...
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