JLL Capital Markets has completed the $12.15 million sale of Drake Crossing, a 56,214-square-foot shopping center in Fort Collins.
JLL represented the seller, Alpine Investment Group LLC, in the off-market sale to Big Ben Funds, a Denver-based real estate investment firm focused on value-add and income-producing commercial properties, and CAMCRE, a Colorado commercial real estate investment and management company.
Drake Crossing is situated at 2100 W Drake Rd. in the dense residential neighborhoods of West Fort Collins. The three-building shopping center is 96% leased to a diverse mix of local and national tenants, including Subway, Joseph’s Hardware Store, Intersect Brewery, Poudre Pet & Feed Supply and more…