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Brixton Pays $125M for Lakewood Apartments
Brixton Capital acquired The Windsor, a 352-unit, two-story townhome and apartment community in Lakewood, Colorado. Brixton purchased The Windsor from TA Realty for $124.25 million. The property will be rebranded Brixton Townhomes at Bear Creek and will undergo renovations, inside and out.
The Windsor comprises 53 buildings, encompassing 392,000 square feet of leasable space spread over 29 acres. Currently, 95% occupied, The Windsor boasts 1,115 square feet, on average, per unit. Carmel Partners built the apartment project.
Residents of The Windsor enjoy a completely gated community with amenities such as a clubhouse, leasing center, coffee station, three swimming pools, spa and hot tub, fitness center, dog park and tennis courts. Residents also benefit from direct access to the Bear Creek trail system and proximity to the Whole Foods-anchored Belmar Shopping District.
Brixton owns and manages a portfolio of multifamily and retail assets totaling more than $2 billion.
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- ◦Sale/Acquisition
