Dunton Commercial & Centre Point Properties Acquires Retail Property In Westminster For $20.1M

The retail property located at 7358 Federal Blvd in Westminster, CO has been sold for a total price of $20,100,000. The property spans an area of 98,975 square feet, resulting in a price per square foot of $203. The transaction took place on November 14, 2022. Dunton Commercial & Centre Point Properties purchased the property from Slate Asset Management. The deal was facilitated by Brad Lyons & Matt Henrichs of CBRE.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $20,100,000
• Address: 7358 Federal Blvd, Westminster, CO
• Market: Westminster, CO
• Buyer: Dunton Commercial & Centre Point Properties
• Seller: Slate Asset Management
• Brokers: Brad Lyons & Matt Henrichs of CBRE
• Square Footage: 98,975
• Price Per Square Foot: $203

The sale of the property was successfully conducted with the assistance of Dunton Commercial & Centre Point Properties as the buyers and Slate Asset Management as the sellers. Brad Lyons & Matt Henrichs of CBRE served as the brokers, handling the negotiations and securing the deal. The property is situated in Westminster, CO, which has a thriving retail market with significant potential for growth.