Joint-venture partners McWhinney and Prism Places have acquired Foothills Mall and College Avenue Shops at Foothills, two retail properties totaling 662,619 square feet in Fort Collins, Colo.
Cordes & Company LLP, the court-appointed receiver of the property, was the seller. The financial terms were not disclosed.
Together, the 493,287-square-foot Foothills Mall and adjacent 169,332-square-foot Shops are leased to a diverse mix of national retail tenants, including Nordstrom Rack, Ross, ULTA, Athleta and Skechers, among others. This midtown location is a popular regional shopping destination in Fort Collins, a rapidly densifying northern Colorado community approximately 55 miles north of Denver.
Fort Collins is home to technology, clean energy, aerospace and agritech companies along with the nearby 34,000-student Colorado State University, which is the second-largest university in the state. The community is rapidly densifying, with the area within 30 minut