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Lamar Station Plaza

Denver, CO
193,625 Square Foot Shopping Center

  • Acquired: April 14, 2014
  • Anchored by Casa Bonita.
  • Redevelopment of community shopping center.
  • In the process of backfilling vacant spaces and turning over existing tenants to better operators able to pay higher rents.
  • Able to take advantage of rapidly changing trade area revitalized by the addition of a new light rail line as part of Denver's public transit system.
  • NOI increased 60% within a year of acquisition. Upon stabilization, it will be almost 200% higher.

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