Denver’s Quebec Square, a popular shopping center located at 7506 East 36th Ave., has been recently sold for $56.67 million to Big Ben Private Real Estate I LP, a Canadian-based fund. The acquisition was facilitated by Capital Asset Management, a real estate company with a focus on long-term growth in strategic markets.
Quebec Square, spanning over 200,000 square feet on a 22.07-acre site, is home to more than 40 stores and restaurants, including well-known national retailers like Ross Dress For Less, Office Depot, and PetSmart. The shopping center is conveniently located near major retailers such as Walmart, Home Depot, and Sam’s Club, making it a prime destination for shoppers.
The seller, ALTO Real Estate Funds, a Texas-based private real estate fund, was represented in the transaction by JLL Capital Markets’ Investment Sales and Advisory team. ALTO focuses on investing in logistics centers and open-air shopping centers in high-growth U.S. markets.
With 3.4 million annual visits, Quebec Square is a regionally dominant power center in Denver, attracting residents from a densely populated area within a three-mile radius. Its strategic location along Quebec Street and proximity to Interstate 70 make it a popular destination for both locals and visitors.
For more business news and updates, sign up for our On The Block newsletter to stay informed about the latest developments in the real estate market.
Originally Published:
