Alpine Investment Group Sells 56,214 Square Foot Retail Center In Fort Collins For $12.1M

Drake Crossing is a retail center located at 2100 West Drake Road, Fort Collins, CO, which encompasses 56,214 square feet. The property was sold for $12,100,000, translating to a price per square foot of $215. At the time of the sale, it was reported to be 96% leased.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $12,100,000
• Address: 2100 West Drake Road
• Market: Fort Collins, CO
• Square Footage: 56,214
• Price per Square Foot: $215
• Seller: Alpine Investment Group
• Brokers: Jason Schmidt & Austin Snedden - JLL

JLL Capital Markets played a crucial role in brokering the transaction, facilitating the sale on behalf of the seller. The brokerage firm, known for its expertise in capital markets, engaged its resources to ensure a successful deal for all parties involved in the transaction.