McWhinney, partners paid $45M for Foothills

FORT COLLINS — A joint venture between Loveland-based McWhinney Real Estate Services Inc. and Los Angeles-based Prism Places paid $45 million for the troubled Foothills shopping center in Fort Collins.

MXD Fort Collins LLC, based at McWhinney’s Loveland headquarters, purchased the 662,000-square-foot property from Cordes & Co. LLP, the court-appointed receiver for the property, according to a deed recorded with the Larimer County Clerk and Recorder.

The buyer also filed a $30.6 million deed of trust with Independent Bank.

A spokesperson for McWhinney could not immediately be reached for comment on the purchase price.

MUFG Union Bank NA in December filed a lawsuit in…