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3/07/16
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Vestar recently closed on another retail acquisition, purchasing Bowles Crossing, a 409.5k sf, regional shopping center in the Denver suburb of Littleton, CO, for $76.15 mil ($186/sf).
Bowles Crossing is located at 8055 West Bowles Ave, at the northeast corner of Wadsworth Blvd and Bowles Ave. Situated on almost 54 acres, the center is one of the top regional shopping destinations in the southwest Denver metro area. Bowles Crossing includes Trader Joe’s, DSW Warehouse, Ross Dress for Less, Gordman’s, and a newly renovated AMC Theatre among others.
Vestar plans to invest significant capital to expand the shopping center to include new retail, restaurants and a multi-family component. Over the past 12 months, the company has acquired five retail centers valued at $670 mil throughout the western states.
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