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Rio Capital Purchases 95K-SF Aurora Shopping Center
Rio Capital Investments purchased Plaza West at Aurora Town Center, a 95,000 square foot shopping center at 13670 E. Alameda Ave., for $15.7 million. The Denver Business Journal reports its acquisition of Plaza West at Aurora Town Center was aided through a $10.24 million promissory note from United Omaha Life Insurance Company.
Plaza West at Aurora Town Center was constructed in 1984 and 1985. It is anchored by Harbor Freight Tools and Dollar Tree.
The seller was Arileus Capital. The shopping center last traded hands for $8 million in 2024. At the time of the previous sale, Plaza West was 65% occupied. Prior to selling the property, Arileus fully leased the center. Tenants include Colorado Pro Gym, Tendercare Dental and the third location of King Buffet.
Arileus was represented by Justin Krieger, principal at Pinnacle Real Estate Advisors.
- ◦Sale/Acquisition
