ACD would like to announce the promotion of Madde Burnham to the position of Development Associate. Since joining the team in November of 2020, Madde has excelled in the Analyst role and has been a key player in the success of the organization.
Denver, Co. - Armstrong Capital Development, LLC (“ACD”) has acquired Eastridge Plaza, a multi-unit retail center located at 3005 & 3095 S. Peoria Street in Aurora, Colorado. Located at the heart of Aurora’s Nine Mile Urban Renewal Area, the infill property is set for renovation in 2022.
Denver, CO - Armstrong Capital Development (ACD) is pleased to announce the sale of Sand Hill Dental Care (the Property), a 4,000 square foot net-leased single-tenant medical building located at ACD’s Sand Hill shopping center in Colorado Springs, Colorado. Leased to Heartland Dental, the nation’s largest dental support organization, the newly constructed asset sold at a 5.25% cap rate to a local private investor on November 5, 2021.
Denver, Colorado – Armstrong Capital Development, LLC announces it has negotiated a ten-year lease with Marco’s Pizza at The Belleview Connection. The rapidly expanding Ohio-based pizza brand is expected to open at 2731 West Belleview Avenue in Littleton, Colorado in 2022.
Denver, Colorado – Armstrong Capital Development, LLC announces that Modern Margarita will soon open a new location at The Plant Shops in Chandler, Arizona. The ten-year deal, brokered on behalf of Armstrong by the Common Bond Development Group, is for a 2,555 square foot end cap unit with an additional 1,100 square feet of planned patio dining. The gourmet small plate Mexican concept is expected to open at 4165 South Gilbert Road in 2022.
Armstrong Capital is pleased to announce the execution of a new lease for F45 Training at its Parker Keystone shopping center located at the southeast corner of S Parker Rd and Lincoln Ave in Parker, CO. The addition of F45 to join existing tenants Wingstop, Dunkin’ Donuts, and Tokyo Joe’s among others, will put the center at 100% occupancy.
Denver, Colorado – Armstrong Capital Development, LLC announces today that it has entered a ten-year lease with quick-serve wing favorite Wingstop for a 1,400 square foot inline unit at The Belleview Connection in Littleton, Colorado. The fast casual restaurant is expected to open at 2729 West Belleview Avenue in spring 2022.
Denver, Colorado (September 21, 2021) - Armstrong Capital is pleased to announce the execution of a new lease with Blazin Wings, Inc for a Buffalo Wild Wings GO store @ Lafayette Crossings located at the corner of Hwy 287 and South Boulder Rd in Lafayette, CO.
Phoenix, AZ (July 29, 2021) — Newmark Knight Frank (“Newmark”) announces it has completed the sale of The Plant Shops North and South, two adjacent shopping centers in Chandler, Arizona, for $18.3 million.
Provo, UT - Armstrong Capital Development (ACD) is pleased to announce the recent sale of Parkway Village, a 102,000 square foot, Walmart-anchored shopping center located at 2255 N University Pkwy in Provo. The sale follows ACD’s completion this spring of a value-add redevelopment program designed to leverage the property’s high-profile location, marquee tenancy and strong buyer appetite for stabilized, Class A retail investment opportunities. Brad Lyons of CBRE was the transaction broker
Denver, CO – Armstrong Capital Development (ACD) has made an additional retail acquisition in the Denver metro with the recent closing of a two-tenant asset located at 16981 E Iliff Ave in Aurora, CO, further expanding ACD’s growing portfolio of commercial assets in the Western US.
A multitenant shopping center in Arvada sold for $10.6 million. A Missouri-based investor acquired Arvada Connection and will handle tenant leasing at the property.
Armstrong Capital Development LLC (ACD) made its second Arizona acquisition, acquiring 20,548 square feet of retail shadow space in Mesa, AZ.
Armstrong Capital Enters Utah, Buys 102K-SF Parkway Village retail center, anchored by Walmart Neighborhood Marketplace
Armstrong Capital Development has acquired Parkway Village, a 102,000-square-foot retail center in Provo, Utah. Armstrong bought the property from Nearon Enterprises. This is its first acquisition in the market.
Armstrong Capital Development made its first buy in Utah, acquiring the 102,000-square-foot Parkway Village in Provo. The Denver buyer struck the deal with seller Nearon Enterprises of California. Tom Goodwin with Parr Brown Gee & Loveless represented ACD in the transaction.
Armstrong Capital Development, LLC (“ACD”), a Denver-based private equity real estate investment, development and management company announced it has acquired The Shops at Union Hills, a 9,700 SF retail shopping center located on 1.29 acres in the greater Phoenix metro suburb of Glendale, Arizona. ACD purchased the property from Georg-Liesl Land Management Company LLC in July for $5,050,000.
Highly sought-after 100% occupied multi-tenant retail strip center in Glendale, AZ is shadow-anchored by two prominent retail giants, Walmart and Sam’s Club.
A 56,000-square-foot retail shopping center located on 5.85 acres in Arvada has sold for $17.5 million.
Chick-fil-A, Chase Bank, Taco Bell, IHOP and Sherwin Williams are tenants at Arvada Connection, a 56,000-square-foot retail center in metro Denver
Armstrong Capital Development, LLC has acquired Arvada Connection, a 56,000 SF retail shopping center
The Centennial Square shopping center, across Belleview from Home Depot and home to Dollar Tree and Dairy Queen, is adding a sizable new building as part of an overhaul by its new owners.
Armstrong Capital Development, LLC announces the acquisition of a prominent, 9.7-acre parcel for the development of Sand Hill, a planned commercial retail shopping center located at the northeast corner of Marksheffel Road and Constitution Avenue in Colorado Springs
