By Kimberly Steele | JLL News Release JLL Capital Markets completed the sale of Chandler Pavilions regional retail center in Chandler. JLL marketed the property on behalf of the seller, Evergreen Devco, Inc., which acquired the center in 2020 in a JLL-brokered sale. Schnitzer Properties acquired the asset. Chandler Pavilions is fully leased to a [...]
By Rich Laden | gazette.com King Soopers has taken a major step forward on its plans to build a massive store in the new Falcon Marketplace shopping center just outside Colorado Springs, which it now expects to open in about a year. The supermarket chain, part of Cincinnati-based Kroger and a dominant player in the [...]
By Kate Tracy| Denver Business Journal | Nov. 29, 2022 An apartment community in Aurora has traded hands for $69.5 million. Evergreen Devco, Inc., an Arizona-based real estate firm focused on retail, multifamily and industrial properties, sold the Arboreta Apartments to Denver-based Summit Communities on May 11, according to property records. The 268-unit community is located [...]
AZBIGMEDIA.com Evergreen Devco, Inc., a leading retail, multifamily and industrial development company,announced that its Chandler Pavilions, a 163,594 square-foot high-traffic shopping center in Chandler,Arizona is 100% leased with multiple new tenant openings and one anchor tenant expansion. Sportsman’s Warehouse, Lean Feast and Mountain Mike’s Pizza join a complementary mix of national and regional tenants at [...]
By Rich Laden | rich.laden@gazette.com Evergreen Devco, a real estate development company with offices in Denver, Phoenix, Salt Lake City, and Los Angeles, is tearing down the former Sears department store at the Chapel Hills Mall, northeast of Academy and Briargate boulevards in northern Colorado Springs. Evergreen Devco, which has several commercial projects in various [...]
The investor sold Outlook Clear Creek Apartments in Wheat Ridge, Colorado to Seagate Colorado Partners. By Kelsi Maree Borland Evergreen DevCo has sold the Outlook Clear Creek Apartments in Wheat Ridge, Colorado to Seagate Colorado Partners for $142 million. Located at 4040 Clear Creek Drive, the 310-unit new construction property was completed this year. The new [...]
REAL ESTATE | AZRE Evergreen Devco, Inc., a leading retail and multifamily development company announced today that it has broken ground for the development of a 258-unit, multi-family community located at 89th Ave. and McDowell Rd. in Tolleson. The 9.48-acre project, located at 8827 W. McDowell Rd., will add a residential component to the larger Plaza [...]
Jeff Benziger | The Ceres Courier A proposal to turn the former Kmart building into a Public Storage self-storage facility while filling the remaining property for a Raising Cane’s Chicken Fingers, Dutch Bros Coffee shop, and Quik Stop convenience store and gas station, was approved by the Ceres Planning Commission on Monday evening. Newly installed [...]
Tommy Wood | Daily Camera ERIE, CO - The Nine Mile Corner mixed-use development could be getting a 100,000-square-foot King Soopers grocery store, according to planning documents submitted to the town. The store, along with a 120,000-square-foot Lowe’s Home Improvement, will be a major retail anchor for the 45-acre project located at the southeast corner... [...]
by Julia Sanders | rebusinessonline.com PEORIA, ARIZ. — Institutional Property Advisors has arranged the sale of Parc Roundtree Ranch, a 275-unit apartment property in Peoria, approximately 13 miles north of Phoenix. The property sold for $88.8 million, or $322,909 per unit. Gebing and Cliff David of IPA represented the seller, Evergreen Devco Inc., and procured the [...]
