Colony Square II Center

1132 W. Dillon Road Louisville CO 80027



Property Pictures

Historical Performance Details

  • Acquisition DateJanuary 29, 2009
  • Total Project Size28,534 sf
  • Acquisition Price$2,275,000
  • Add. Capital Costs$100,000
  • Total Cost$2,375,000
  • Cost PSF$83.23/sf
  • StatusSold Feb 2013
  • Sale Price$3,400,000
  • Sale Price / SF$119.15
  • Ave. Annual Return26%

  • Purchased this nine year old center for 50% of the previous mortgage
  • Closed within twenty days, “all cash”
  • Within ten days of closing, increased occupancy from 43% to 75%
  • Received a $1,500,000 bank loan 60 days post closing 
  • After achieving 90% occupancy in 2012, the partnership decided to sell the asset and buy other value added assets


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Contact Leasing

Email: leasing@matrixgroupinc.com
Phone: 303.333.7500