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CENTERVEST CAPITAL TAKES 73,082-SQUARE-FOOT RETAIL CENTER FOR $12.7 MILLION

COLORADO SPRINGS, CALIF. — San Luis Obispo, Calif.-based CenterVest Capital has acquired Albertson’s Center at Norwood, a 73,082-square-foot retail center located at 6945-7095 Austin Bluff Pkwy. in Colorado Springs, for $12.7 million. The two-building center is currently anchored by Albertson’s and consists of two vacant pads totaling more than 3 acres. Marty Indvik of Senn-Lee & Associates represented the buyer; Mike Winn, Tim Richey and Chad Flynn of Cushman & Wakefield represented the seller, APC Austin Bluffs LLC, in the transaction.

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