{"id":672,"date":"2025-07-01T18:07:33","date_gmt":"2025-07-01T18:07:33","guid":{"rendered":"http:\/\/www.agencywebdesigners.com\/?p=672"},"modified":"2025-07-03T14:23:00","modified_gmt":"2025-07-03T14:23:00","slug":"marston-park-plaza-retail-center-in-littleton-sells-for-17-9-million","status":"publish","type":"post","link":"http:\/\/www.agencywebdesigners.com\/index.php\/2025\/07\/01\/marston-park-plaza-retail-center-in-littleton-sells-for-17-9-million\/","title":{"rendered":"Marston Park Plaza retail center in Littleton sells for $17.9 million"},"content":{"rendered":"<p>Marston Park Plaza, a 90,200-square-foot retail center in Littleton, has sold for $17.9 million to Ziff Real Estate Partners.<\/p>\n<p>JLL, a commercial real estate and investment management company, represented the seller, Miller United Real Estate. The firm also represented the buyer, based in Charleston, S.C., in securing a five-year, fixed-rate loan through a life company correspondent lender.<\/p>\n<p>Marston Park Plaza, at 5066 South Wadsworth Way, sees nearly 74,000 vehicles a day, according to JLL. The shopping center is 88% leased to 18 tenants with an average lease of 4.9 years.<\/p>\n<p>The area, at the intersection of South Wadsworth Boulevard and West Belleview Avenue, includes retailers Whole Foods, Sprouts, Total Wine &amp; More and Lowe\u2019s. The average household income within a three-mile radius is $116,000 and the population of approximately 266,000 is within five miles, JLL said.<\/p>\n<p>\u201cMarston Park Plaza represented an exceptional investment opportunity in one of Denver\u2019s most stable retail corridors,\u201d said Rob Bova,director of JLL\u2019s capital market\u2019s debt advisory team .<\/p>\n<aside class=\"related right\">\n<h2 class=\"widget-title\" data-curated-ids=\"\" data-relation-type=\"automatic-primary-section\">Related Articles<\/h2>\n<ul>\n<li>\n\t\t\t<a class=\"article-title\" href=\"https:\/\/www.denverpost.com\/2025\/07\/02\/carioca-cafe-bar-bar-wall-collapse-denver\/\" title=\"Carioca Cafe manager hopes to reopen legendary Denver dive bar after wall collapse\"><\/p>\n<p>\t\t\t\t<span class=\"dfm-title metered\"><br \/>\n\t\t\tCarioca Cafe manager hopes to reopen legendary Denver dive bar after wall collapse\t\t<\/span><\/p>\n<p>\t\t\t<\/a><\/p>\n<\/li>\n<li>\n\t\t\t<a class=\"article-title\" href=\"https:\/\/www.denverpost.com\/2025\/06\/29\/colorado-cities-state-laws-density-housing-prices-resistance\/\" title=\"As contentious Colorado housing laws take effect, some cities are playing nice \u2014 while others resist or sue\"><\/p>\n<p>\t\t\t\t<span class=\"dfm-title metered\"><br \/>\n\t\t\tAs contentious Colorado housing laws take effect, some cities are playing nice \u2014 while others resist or sue\t\t<\/span><\/p>\n<p>\t\t\t<\/a><\/p>\n<\/li>\n<li>\n\t\t\t<a class=\"article-title\" href=\"https:\/\/www.denverpost.com\/2025\/06\/28\/denver-cole-neighborhood-apartment-complex-affordable-housing\/\" title=\"Local affordable developers seek rezoning for apartment project in Denver\u2019s Cole neighborhood\"><\/p>\n<p>\t\t\t\t<span class=\"dfm-title metered\"><br \/>\n\t\t\tLocal affordable developers seek rezoning for apartment project in Denver\u2019s Cole neighborhood\t\t<\/span><\/p>\n<p>\t\t\t<\/a><\/p>\n<\/li>\n<li>\n\t\t\t<a class=\"article-title\" href=\"https:\/\/www.denverpost.com\/2025\/06\/26\/why-denver-homeowners-are-investing-more-in-renovation-projects-real-estate-voices\/\" title=\"Why Denver homeowners are investing more in renovation projects\"><\/p>\n<p>\t\t\t\t<span class=\"dfm-title metered\"><br \/>\n\t\t\tSponsored: Why Denver homeowners are investing more in renovation projects\t\t<\/span><\/p>\n<p>\t\t\t<\/a><\/p>\n<\/li>\n<li>\n\t\t\t<a class=\"article-title\" href=\"https:\/\/www.denverpost.com\/2025\/06\/26\/broncos-stadium-burnham-yard-denver-water\/\" title=\"Amid Broncos stadium talks, Denver Water quietly seeks to buy more than 20 properties near its campus\"><\/p>\n<p>\t\t\t\t<span class=\"dfm-title metered\"><br \/>\n\t\t\tAmid Broncos stadium talks, Denver Water quietly seeks to buy more than 20 properties near its campus\t\t<\/span><\/p>\n<p>\t\t\t<\/a><\/p>\n<\/li>\n<\/ul>\n<\/aside>\n<p>Bova and Eric Tupler, executive managing director, led the debt advisory team. Jason Schmidt, the managing director, and Austin Snedden, the director, led JLL\u2019s capital market\u2019s investment sales and advisory team<\/p>\n<p>\u201cWe received competitive offers from both institutional and private capital sources across the country,\u201d said Schmidt, \u201chighlighting the strong investor appetite for retail properties with stable cash flow and growth potential in Colorado\u2019s dynamic market.\u201d<\/p>\n<p><em><a href=\"https:\/\/myaccount.denverpost.com\/dp\/preference\">Get more real estate and business news by signing up for our weekly newsletter, On the Block.<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Marston Park Plaza, a 90,200-square-foot retail center in Littleton, has sold for $17.9 million to Ziff Real Estate Partners. JLL, a commercial real estate and investment management company, represented the seller, Miller United Real Estate. The firm also represented the buyer, based in Charleston, S.C., in securing a five-year, fixed-rate loan through a life company&hellip;<\/p>\n","protected":false},"author":1,"featured_media":275,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[18],"tags":[],"_links":{"self":[{"href":"http:\/\/www.agencywebdesigners.com\/index.php\/wp-json\/wp\/v2\/posts\/672"}],"collection":[{"href":"http:\/\/www.agencywebdesigners.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.agencywebdesigners.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.agencywebdesigners.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.agencywebdesigners.com\/index.php\/wp-json\/wp\/v2\/comments?post=672"}],"version-history":[{"count":1,"href":"http:\/\/www.agencywebdesigners.com\/index.php\/wp-json\/wp\/v2\/posts\/672\/revisions"}],"predecessor-version":[{"id":673,"href":"http:\/\/www.agencywebdesigners.com\/index.php\/wp-json\/wp\/v2\/posts\/672\/revisions\/673"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.agencywebdesigners.com\/index.php\/wp-json\/wp\/v2\/media\/275"}],"wp:attachment":[{"href":"http:\/\/www.agencywebdesigners.com\/index.php\/wp-json\/wp\/v2\/media?parent=672"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.agencywebdesigners.com\/index.php\/wp-json\/wp\/v2\/categories?post=672"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.agencywebdesigners.com\/index.php\/wp-json\/wp\/v2\/tags?post=672"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}