Mason Ghaniabadi And Jordan Meehan Acquire Retail Asset In Fort Collins For $XX Million
3050 South College Avenue
Building Size
169,220 SF
Asset Type
Retail
Closing
May 15, 2026
AI
The transaction involves a retail property located at 3050 South College Avenue in Fort Collins, CO, comprising 169,220 square feet. The deal was completed on 5/15/2026. The seller of the asset is Realberry.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 3050 South College Avenue
- Market: Fort Collins, CO
- Asset Size: 169,220 SF
- Buyer: Mason Ghaniabadi & Jordan Meehan - Spark Properties Group; Rob Holuba & Andrew Lundahl - CenterSquare Investment Management
- Seller: Realberry
- Brokers: Brad Lyons & Matthew Henrichs - CBRE
The brokers involved in this transaction are Brad Lyons and Matthew Henrichs from CBRE, representing the seller, Realberry. The buyers include Mason Ghaniabadi and Jordan Meehan from Spark Properties Group, along with Rob Holuba and Andrew Lundahl from CenterSquare Investment Management.
Players
Fort Collins 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93