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FORT COLLINS, COLO. — JLL Capital Markets has brokered the $12.1 million sale of Drake Crossing, a 56,214-square-foot retail center located at 2100 W. Drake Road Fort Collins. The three-building shopping center was 96 percent leased at the time of sale to a mix of local and national tenants, including Subway, Joseph’s Hardware Store, Intersect Brewery and Poudre Pet & Feed Supply.
Alpine Investment Group sold the asset to Big Ben Funds and CAMCRE in an off-market transaction. Jason Schmidt and Austin Snedden of JLL Capital Markets Investment Sales and Advisory team represented the seller in the transaction.