Winkler Development Acquires Retail Portfolio In Broomfield From Aequus Partners For $19.95M

The property involved in this transaction is a retail asset located at 520 Zang Street, Broomfield, CO. It spans 94,000 square feet and was sold for $19,950,000, resulting in a price per square foot of $212. The sale was executed in the market of Broomfield, Colorado.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $19,950,000
• Buyer: Winkler Development
• Seller: Aequus Partners
• Lender: Wells Fargo
• Square Footage: 94,000
• Price Per Square Foot: $212

This transaction involved Winkler Development acquiring the property known as Mainstreet at FlatIron from Aequus Partners. Wells Fargo facilitated the acquisition with a loan of $12 million, supporting the purchase of two retail and office buildings along with a surface parking lot adjacent to FlatIron Crossing mall.