Highpoint Marketplace
Highpoint Marketplace
Grocery Anchored Investment Opportunity / 113,833 SF / 100% Leased / Denver MSA
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Jason is a Managing Director in the Denver office of JLL Capital Markets, Americas. He returned to JLL as part of the HFF acquisition and has more than 20 years of experience in the commercial real estate industry. He focuses on both retail and office investment advisory transactions in Denver and the Rocky Mountain region. Throughout his career, Jason has closed more than $1 billion in transactions for a variety of institutional investors, REITs and private buyers.
He has a wide range of experience in the industry and has held positions at Signature Equities, Pace Properties, Cushman Wakefield and Cassidy Turley. He has been recognized as a "Heavy Hitter" by the Denver Business Journal and holds a Bachelor of Arts in Psychology and a Master of Business Administration from Drake University as well as a Master of Real Estate and Construction Management from the University of Denver.
- Property Type
- Retail
- Deal Type
- Acquisition
- Risk Profile
- Core Plus
Jones Lang LaSalle Americas, Inc. (“JLL”), as exclusive advisor, is pleased to offer investors the opportunity to acquire Highpoint Marketplace (the “Property”), a grocery anchored, retail shopping center consisting of 113,833 square feet of quality shop space. Highpoint Marketplace consists of over 55,000 square feet of in-line retail space that is anchored by one of Colorado’s leading Safeway’s as well as pad sites that contain a 1st Bank, Taco Bell, Auto Parts, and a dental office. Situated in the continually growing city of Aurora, the Property serves a vast and rapidly expanding trade area that boasts a highly educated population with a healthy income stream. Highpoint Marketplace, ideally positioned along East Hampden Avenue and South Tower Road, is visible to over 55,000 vehicles per day and is the direct beneficiary of $12.8 billion in spending power within a 10-mile radius of The Property. Safeway, Nextcare, H&R Block, Ellis Tire Pros, Elevate Orthodontics, Wendy’s, Great Clips, Corepower Yoga, and Pearl of Siam have all been tenants for over 10 years, which speaks to the strength of the location and tremendous mix of uses at the center. The Property has strong historical occupancy, with it being above 90% occupied for the past five years. The Property provides consumers with access to a superior, exclusively tailored tenant mix of both nationally recognized and local retailers that draws consumers to the site throughout the day. Highpoint Marketplace’s regional draw, high visibility, and diverse tenant mix, coupled with impressive tenant longevity, and nationally recognized tenants offer an outstanding investment opportunity.