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3050 South College Avenue

Mason Ghaniabadi And Jordan Meehan Acquire Retail Asset In Fort Collins For $XX Million
SOLDRetail

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

Matthew Henrichs

CBRE

Broker

$73M

vol

6 deals

Broker
CenterSquare Investment Management
CenterSquare Investment ManagementBuyer
Realberry
RealberrySeller

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