Tourmaline Capital Acquires Shops At Greenwood Village In Colorado From Broad Street Realty For $40.95M

The retail property located at 9600 East Arapahoe Road in Greenwood Village, CO, has been sold by Broad Street Realty to Tourmaline Capital. The transaction occurred on January 28, 2026, for a price of $40,950,000, with a total square footage of 200,000 and a price per square foot of $204.75. This asset features leases with 66 tenants, including UCHealth, USPS, and Sports Clips, and was originally built in 1980 with renovations completed in 2000.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $40,950,000
• Buyer: Tourmaline Capital
• Seller: Broad Street Realty
• Square Feet: 200,000
• Price Per Square Foot: $204.75
• Market: Greenwood Village, CO
• Notable Tenants: UCHealth, USPS, Sports Clips

Broad Street Realty originally purchased the property in 2017 for $24.3 million. This deal highlights the significant appreciation in value for the asset over time, facilitating the sale to Tourmaline Capital.