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WESTMINSTER, COLO. — InvenTrust Properties Corp. has purchased the Shops at Walnut Creek, a 216,325-square-foot shopping center in Westminster, for $57.1 million. The center is located at W 104th Circle. It is situated off US Highway 36, about 15 miles northwest of Downtown Denver.
The Shops at Walnut Creek is anchored by T.J. Maxx/HomeGoods, Petsmart, Dollar Tree and Michaels. Most of the anchor tenants have eight years remaining on their leases. The center is currently 93 percent occupied.
InventTrust also owns and manages three other retail properties in central Colorado. They include Cheyenne Meadows in Colorado Springs; Quebec Square Shopping Center in Denver; and Centerplace of Greeley in Greeley.