Shadow-anchored, net-leased retail assets in Firestone sell

Firestone Safeway Marketplace

The growing community of Firestone appears to be attracting investor interest, with separate buyers acquiring two retail properties in unrelated deals. Firestone Safeway Marketplace, a shadow-anchored center at 8110-8196 Colorado Blvd., traded for $5 million, or $221.21 per square foot. Another buyer paid $1.78 million – or $819.85 per sf – for a net-leased retail…

Jill Jamieson-Nichols

September 2, 2018