Greeley’s CenterPlace shopping center sold for $37.55M
GREELEY – A 152,000-square-foot shopping center in Greeley has been sold for $37.55 million.
CenterPlace of Greeley, a commercial center at 47th Street and U.S. Highway 34 that is anchored by a Safeway grocery store and includes a Bank of America branch, a Tokyo Joe’s restaurant, a dental office and retailers such as Ross Dress for Less, Famous Footwear, Cold Stone Creamery, was purchased by the Slate Grocery real estate investment trust, according to Ryan Bowlby, a senior director of Institutional Property Advisors, a division of Marcus & Millichap (NYSE: MMI).
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About Institutional Property Advisors (IPA)
Institutional Property Advisors (IPA) is a division of Marcus & Millichap (NYSE: MMI), a leading commercial real estate services firm in North America. IPA’s combination of real estate investment and capital markets expertise, industry-leading technology, and acclaimed research offer customized solutions for the acquisition, disposition and financing of institutional properties and portfolios. For more information, please visit www.institutionalpropertyadvisors.com.