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DENVER — Stockdale Capital Partners, in collaboration with UBS’s Global Alternatives – Real Estate, has completed the recapitalization of The Shops at Northfield, an open-air lifestyle center in Denver. Situated on 87 acres, The Shops at Northfield offers 1.1 million square feet of retail, restaurant and entertainment space.
Since purchasing the property in 2021, Stockdale has executed a series of initiatives, including securing entitlements for up to 1,500 multifamily units, reletting former anchor boxes to Wayfair and Life Time and completing approximately 350,000 square feet of new leases, including lululemon, Nike, Sephora and a national grocer.