Schnitzer West has acquired a site across the street from Fiddler’s Green Amphitheatre entitled for more than 1 million square feet of development.
Peakview Place, a 10.9-acre parcel at 6363 Greenwood Plaza Blvd. in Centennial, was one of two properties purchased. The price wasn’t released, but it was recorded at $20.25 million, or $42.57 per sf. Schnitzer West also bought 115 Inverness, a 55,706-sf office building in Englewood.
Both properties are within walking distance of light-rail stations.
Schnitzer West plans to develop a Class A mixed-use commercial development on the Centennial site starting in January 2020. It currently is assembling a team of “best-in-class” consultants to work on the project.