Armstrong Capital Development Acquires New Retail Space
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. Occupied by long term tenants Family Dollar and CARS Automotive, the recent acquisition reinforces ACD’s strategy of acquiring well-located, e-commerce resistant assets with a strong performance history.
“We are very pleased with the recent addition of the Buckley & Iliff asset,” said Bryan Armstrong, Partner at ACD. “In this pursuit, we quickly recognized an outstanding fit with our investment approach. Buckley & Iliff is one of the best retail intersections in all of Aurora, and when you consider the strong demographics, the superior visibility and access, and the history of success with the tenants, it was a no-brainer for us.”