CenterSquare announced the acquisition of the Shops at Highpointe, an 18,938-square-foot, two-building essential-service retail shopping center in Denver. The property is located at the northeast corner of Grant Street and 97th Avenue in the densely populated submarket of Thornton, Colo.
The Shops at Highpointe were originally built in 2008 and are currently 88 percent occupied. The shopping center experiences approximately 33,800 visitors per day and is near the number one Sam’s Club and number seven Walmart in Colorado. The three-mile trade area boasts a dense population of more than 163,000 residents with an average household income of more than $90,000. The tenant roster includes national tenants T-Mobile, Dickey’s BBQ and Red Wing Shoes in addition to several long-term local tenants.
