Magnetic Capital Acquires Retail Asset In Aurora From Westfield Company Inc. For $41.2M
2501 North Dallas Street
$41,200,000
$403/SF
Building Size
102,125 SF
Asset Type
Retail
Closing
Sep 9, 2026
About this deal
AI
The retail asset located at 2501 North Dallas Street in Aurora, CO, has been sold for $41,200,000. The property spans 102,125 square feet, resulting in a price per square foot of $403. The sale was facilitated by JLL, who arranged the transaction between the involved parties.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $41,200,000
- Square Footage: 102,125
- Price per Square Foot: $403
- Buyer: Magnetic Capital
- Seller: Westfield Company Inc.
- Broker Representatives: Jason Schmidt & Austin Snedden - JLL
The acquisition involved Magnetic Capital purchasing the Stanley Marketplace from Westfield Company Inc., marking a significant transaction in the Aurora retail market. JLL's involvement highlights the brokers' role in facilitating the sale, ensuring the process was executed efficiently.
Players
Aurora Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.39%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93