Regency Centers buys Highlands Ranch shopping center for $37.1 million

In Brief:

  • Cushman & Wakefield arranged $37.1 million sale
  • Shops at Highland Walk is 94,795 square feet
  • Shea Properties sold to Regency Centers
  • Shopping center 98% leased to 17 tenants

HIGHLANDS RANCH, Colo. — Cushman & Wakefield arranged the $37.1 million sale of Shops at Highland Walk, a 94,795-square-foot shopping center anchored by King Soopers in Highlands Ranch.

Cushman & Wakefield’s Jon Hendrickson and Aaron Johnson represented the seller, Shea Properties, in the transaction. The buyer was Regency Centers.

Located at 4000 Red Cedar Drive, the shopping center is 98% leased to 17 tenants. The property includes two multi-tenant inline buildings adjacent to King Soopers and four outparcel buildings…

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