Harmony School Shops sell to Revesco in $18 million deal

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vivian e. vigil said:

I wish I was the one to purchase the both of them because if I did I'd make it into a low income housing project and let all my friends move in :)
CREJ said:

The project is anticipated to be completed in spring 2014.
Anonymous said:

When is this project expected to be finished?
JD Crouse said:

HI Kris, Loan Investing has been a wonderful strategy for my company over the last 5 years. I've been able to buy multiple loans in my own back yard from banks and sellers who had carried back a note. The returns have ranged from the low to high double digits with a high level of security (20 - 60 % LTV). I don't see loan sales slowing for a long time for no other reason that we have 20 years worth of FDIC 'loss-share' assets waiting to be disposed. Thanks for the article! JD Crouse http://LoanInvestingBlueprint.com

Harmony School Shops sell to Revesco in $18 million deal

30 July 2012 | Posted in Retail, Northern Colorado

Harmony School Shops, a fully leased shopping center smack-dab in the middle of Fort Collins’ Harmony Road retail corridor, has a new owner. The $18 million acquisition by Revesco Properties included 85,354 square feet of fully leased retail space and two undeveloped pads. Harmony School Shops includes a collection of large and mid-box stores and a high-visibility strip center fronting Harmony Road. “The lure of it is that it’s on the growth side and the tech side of Fort Collins,” said CBRE broker Dan Grooters, who represented the seller with CBRE broker Riki Hashimoto. Located at Harmony and Timberline Road, the fully occupied center is near housing and major employers, including Poudre Valley Hospital, Intel, Hewlett-Packard, and Avago Technologies.

View all posts by Jill Jamieson-Nichols

Jill Jamieson-Nichols has been an Editor with the Colorado Real Estate Journal for more than 15 years, providing coverage of office, industrial, medical office and mixed-use development news in the Denver metro area, plus all property types in Northern Colorado, Boulder County and along the Highway 36 corridor.

Prior to joining CREJ, Jill was Editor of Golden's community newspaper, The Golden Transcript. Jill earned a bachelor’s degree in mass communications from Colorado State University-Pueblo.

When she's not keeping you up-to-date on the latest happenings in Colorado's commercial real estate market, Jill can be found skiing, exploring the outdoors with her dogs, playing the piano, reading, or learning computer graphics.

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