The investor sold Outlook Clear Creek Apartments in Wheat Ridge, Colorado to Seagate Colorado Partners.
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 ownership has rebranded the property as Clear Creek Crossing Apartments.
The development was the first in the 110-acre Clear Creek Crossing mixed-use development, a coveted location that overlaps three of metro Denver’s most supply-constrained submarkets, which include Wheat Ridge, Golden and Lakewood, according to Dave Martin of NorthMarq’s Denver investment sales team, who represented the seller in the deal along with Brian Mooney. SCL Health Lutheran Medical Campus, which is scheduled to open in 2024, will anchor Clear Creek Crossing…