Big Ben Private Real Estate I, with Capital Asset Management serving as the fund manager, has acquired Quebec Square, a 207,611-square-foot retail power center in east Denver, Colo., for $56.67 million.
JLL represented the seller, ALTO Real Estate Funds.
Built in 2002-2003 on a 22.07-acre site, Quebec Square is located at 7506 E. 36th Ave., at the intersection of Quebec Street and Interstate 70. The center is shadow anchored by Walmart, Home Depot and Sam's Club, and features a strong lineup of national retailers, including Ross Dress for Less, Office Depot, PetSmart, Big 5 Sporting Goods and Five Below.
Quebec Square benefits from its location 20 minutes from downtown Denver and two blocks from the Central Park Station.
