Alberta Buys Longmont Shopping Center
Alberta Development Partners and Walton Street Capital have purchased Harvest Junction shopping center in Longmont.
The 367,918 SF shopping center is on 46.15 acres at 205 and 210 Ken Pratt Blvd. in the east-west corridor that connects Longmont to Interstate 25. Tenants at Harvest Junction, which is fully leased, include Dick’s Sporting Goods, Marshalls, Ross Dress for Less, Best Buy, Bed Bath & Beyond, Michaels, Staples, Petco, DSW and Dollar Tree.
“Harvest Junction is a dominant center in a rapidly growing area north of Denver, making it a great addition to the buyer’s portfolio in the market,” said HFF Director Chad Murray, who, with Aaron Johnson and Barry Brown, represented seller RPT Realty. “The sale demonstrates the continued investor appetite for well-located, high-performing retail real estate in the greater Denver market.”
Greenwood Village-based Alberta Development Partners buys, develops and invests in retail and mixed-use real estate throughout the western United States. The company has completed more than 12M SF of development and acquisitions since it was founded 25 years ago. Its Colorado projects include Foothills, The Streets at Southglenn, Promenade at Castle Rock, The Yard and Southlands.
