Westminster’s Orchard Town Center sells for $103M
Editor’s note: This report first appeared at BusinessDen, a BizWest news partner.
Westminster’s Orchard Town Center has a new owner.
Dallas-based TriGate Capital purchased the open-air shopping mall last month for $102.8 million, according to public records. It paid another $250,000 for mineral rights to the land.
TriGate did not respond to requests for comment this week.
Orchard Town Center is northwest of the Interstate 25/144th Avenue interchange. Its major retailers include Target, Macy’s, J.C. Penney and a 12-screen AMC Theatres. REI closed its store there in 2020 after 11 years.
The deal included most but not all of the buildings. Macy’s owns its…
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