The Plaza Northwest, a neighborhood retail center in downtown Westminster, Colo., was sold in September to Park Meadows Real Estate in a deal brokered by JLL, which represented the seller, Centre Point Properties. The mall is ideally situated in a great suburb community situated about a half hour away from both Denver and Boulder.
Property: Plaza Northwest
Price: $6.44M
Location: Westminster, Colo.
Square Footage: 27,405 s.f.
Seller: Centre Point Properties
Purchaser: Park Meadows Real Estate, LLC
The retail center, at 27,405 s.f., features such tenants as Empire Fitness, State Farm Insurance, One Main Financial, T Love Nails, Hot Pho and Rocky Mountain Urgent Care. A large downtown redevelopment project is taking place next to the retail center, which will entail 105 acres and include new residential units, offices, and 700,000 s.f. of retail. The Plaza Northwest also gets ample traffic, as it is located on the Denver-to-Boulder turnpike road, and is .3 miles away from a Costco.
JLL Retail Capital Markets
1225 17th St, Suite 1900
Denver, CO 80202
Jason Schmidt, Managing Director
303-515-8095
jason.schmidt@am.jll.com





















