Phoenix-based Vestar recently spent $123.5 million to buy about 65 percent of Orchard Town Center in Westminster, Colo., from Forest City Enterprises Inc., and the buyer plans to upgrade, rebrand and expand the open-air retail property. Some of the 1-million-sq.-ft. center’s anchor tenants—namely, Macy’s, Super Target, an AMC movie theater and a Lifetime Fitness—own their properties and are not part of the deal. The rest of the property, which includes tenants ...

NREIonline.com Freemium Content

"Printer-friendly" is FREE to access as a registered user on NREIonline.com.

Why Register for NREIonline? It's simple and free, and here is what you get:

  • Access to leading real estate industry research.
  • Interactive rankings of commercial real estate professionals.
  • Submit your own articles, (if approved) which will appear around the site.
  • Ability to comment and interact on all site content.

Already registered? here.