Brad Lyons of Marcus & Millichap represented the seller, andRobert Edwards and Eric Kimose, also of Marcus & Millichap,represented the buyers. The deal involved a pre-payment penalty onthe loan.
"With the 10-year Treasury being at 42-year historic lows itmade sense for the buyer and seller to share the $500,000prepayment penalty in order to maximize the seller's value and thebuyer's return," explains Edwards. The shopping center in thesoutheastern metro area, with easy access to the DenverInternational Airport from the E-470 toll road, serves one of thefastest growing submarkets in the metro area.
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