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Colorado Springs’ Chapel Hills Mall Sells for $33.5M
A portion of Chapel Hills Mall, a 1.1-million-square-foot super regional mall in Colorado Springs, CO, has traded hands for $33.5 million. Mason Asset Management and Namdar Realty acquired 562,733 square feet of the property from an undisclosed party.
Located at 1710 Briargate Blvd., the mall is situated along Interstate-25 at the intersection of Academy and Briargate boulevards. It offers a curated mix of regional and national in-line tenants, as well as a robust anchor and major tenant line-up. Burlington, Dillard’s, Macy’s and Sears are complemented by lifestyle and major tenants such as AMC Chapel Hill 13, Dick’s Sporting Goods and H&M. The mall was built in 1982, and renovated in both 1998 and 2013.
NKF Capital Markets’ Thomas Dobrowski, Riki Hashimoto, Katharine French and Ed Leinss handled the transaction.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Sale/Acquisition