May 25, 2017

Retail center at The Landmark in Greenwood Village sells for $33M

GREENWOOD VILLAGE — The Landmark’s retail center sold for $33 million.

The 170,000 square feet was purchased by Sperry Equities, a private equity fund from Irvine, Calif., according to BusinessDen. 

The deal follows a tumultuous decade for The Landmark, which has had several lawsuits and the suicide of the developer associated with it.

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East West Partners had been the manager of The Landmark since 2013 before selling to Sperry.

The deal includes 27 leased spaces, including the Landmark Theatres. In addition, there are 10 vacant spaces and an area zoned for a restaurant.

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