Centerra (Loveland, CO)
Centerra (Loveland, CO) Real Estate News
Landd_revised
Promenade Shops 'Unwanted' but not Unloved
Dee Bundy and Leslie Leis Northern Colorado Home Team (Fort Collins Realtor @ ERA Herman Group Real Estate NoCo)

Promenade Shops at CenterraLoveland's Promenade Shops, one of Northern Colorado's largest shopping centers, went back to the bank after receiving no bids at auction Wednesday morning.  KeyBank National Association (via CLC REO LLC, a Delaware limited liability company and assignee of KeyBank) purchased the property for just under $85 million with an outstanding deficiency amount of $32 million owned from the developers, Centerra Lifestyle Center LLC.

For now the mall will remain open and conduct 'business as usual' so shoppers should hopefully not be concerned about any potential closures.  The Promenade will still provide a great place to enjoy a great movie or hit the latest sale at The Gap.

 

 

 

Dee Baldwin Fort Collins Realtor

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Licenced in the State of Colorado and serving Fort Collins and the surrounding communities.


 

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Centerra News.
Marcus Valdez (Keller Williams Realty of Northern Colorado)

Centerra developers want to add trolley, parking structure to list of tax-funded improvements
Right-click here to download pictures. To help protect your privacy, Outlook prevented automatic download of this picture from the Internet.
The Greeley Tribune reports that developers of the massive Centerra complex in Loveland want the city council to allow them to use $60 million from its special taxing district and financing agreement with the city for a trolley system and parking structure. http://www.greeleytrib.com/article/20070816/NEWS/108160113

 

 

 

 

 


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