Vestar Enters Denver Market with $123M Shopping Center Purchase

Source:  Business Journals

Phoenix-based Vestar Development Co. — one of the largest privately-held shopping center firms in the West — has entered the Colorado market via a $123.5 million joint-venture purchase of a large-scale retail center. The Denver Business Journal, a sister publication, had the scoop today, saying the deal marked one the largest real estate transactions in recent memory for the Denver area. Vestar — whose flagship projects are Tempe Marketplace and North Phoenix’s Desert Ridge Marketplace…

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