{"id":1004052707,"date":"2012-07-11T07:04:26","date_gmt":"2012-07-11T15:04:26","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=56647"},"modified":"2020-04-07T11:08:33","modified_gmt":"2020-04-07T19:08:33","slug":"joint-venture-acquires-foothills-mall","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/joint-venture-acquires-foothills-mall\/","title":{"rendered":"Joint Venture Acquires Foothills Mall"},"content":{"rendered":"<p>By Gabriel Circiog, Associate Editor<\/p>\n<p>Alberta Development Partners\u2014a Denver-based real estate acquisition, development and investment firm\u2014has acquired Foothills Mall in a joint venture with affiliates of Walton Street Capital\u2014a private equity real estate investment firm. <a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/07\/Foothills-Mall.jpeg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-56648\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/07\/Foothills-Mall.jpeg\" alt=\"\" width=\"300\" height=\"133\" \/><\/a>Located in Fort Collins, the 753,000-square-foot enclosed mall was built in 1976 and remodeled in the early 1990s. The joint venture purchased the mall from General Growth Properties, which acquired the property in 2004.<\/p>\n<p>Walton Street Capital and Alberta Development Partners are looking into repositioning alternatives for the project, working with the city of Fort Collins to continue with plans to enhance the existing center. Brian McFarland, principal of Alberta Development Partners, said: \u201cWe are looking forward to establishing a long-term and successful public-private relationship that will ultimately deliver a project this wonderful community so richly deserves.\u201d<\/p>\n<p>David Atteberry, Fort Collins city manager, welcomed the news and said the redevelopment of the property had been a high priority for the city for quite some time. David Joseph, a principal at Walton Street Capital, said: \u201cThe repositioning of Foothills Mall will represent a significant commitment by the developers to create a major, completely updated retail destination for the city of Fort Collins and Northern Colorado.\u201d<\/p>\n<p>Foothills Mall, located off College Avenue, is anchored by Macy\u2019s and Sears. The tenant mix includes eateries and retail shops such as Victoria\u2019s Secret, Ann Taylor Loft, Express, The Buckle, Gymboree, Eddie Bauer, Finish Line, Corner Bakery, Auntie Anne\u2019s, Rocky Mountain and Chocolate Factor, as well as other restaurants, retail outlets and kiosks.<\/p>\n<p><em>Photo Courtesy of: www.fcgov.com<\/em><\/p>\n<p>For more market data on Denver, please <a href=\"https:\/\/www.multihousingnews.com\/market-data\/market-snapshot-declining-homeownership-and-new-tech-jobs-send-vacancy-rates-to-floor-in-denver\/1004049414.html\" target=\"_blank\" rel=\"nofollow\"><strong>click here<\/strong><\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Gabriel Circiog, Associate Editor Alberta Development Partners&mdash;a Denver-based real estate acquisition, development and investment firm&mdash;has acquired Foothills Mall in a joint venture with affiliates of Walton Street Capital&mdash;a private equity real estate investment firm. Located in Fort Collins, the 753,000-square-foot enclosed mall was built in 1976 and remodeled in the early 1990s. The joint [&#8230;]<\/p>\n","protected":false},"author":1269,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1587,21742],"tags":[1815],"class_list":["post-1004052707","post","type-post","status-publish","format-standard","hentry","category-denver","category-latest","tag-national"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Joint Venture Acquires Foothills Mall - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/joint-venture-acquires-foothills-mall\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Joint Venture Acquires Foothills Mall\" \/>\n<meta property=\"og:description\" content=\"By Gabriel Circiog, Associate Editor Alberta Development Partners&mdash;a Denver-based real estate acquisition, development and investment firm&mdash;has acquired Foothills Mall in a joint venture with affiliates of Walton Street Capital&mdash;a private equity real estate investment firm. Located in Fort Collins, the 753,000-square-foot enclosed mall was built in 1976 and remodeled in the early 1990s. The joint [...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/joint-venture-acquires-foothills-mall\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2012-07-11T15:04:26+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-04-07T19:08:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/07\/Foothills-Mall.jpeg\" \/>\n<meta name=\"author\" content=\"the Editors of Commercial Property Executive\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/joint-venture-acquires-foothills-mall\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/joint-venture-acquires-foothills-mall\/\",\"name\":\"Joint Venture Acquires Foothills Mall - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/joint-venture-acquires-foothills-mall\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/joint-venture-acquires-foothills-mall\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/07\/Foothills-Mall.jpeg\",\"datePublished\":\"2012-07-11T15:04:26+00:00\",\"dateModified\":\"2020-04-07T19:08:33+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1b82b91678533ae5d40e3240086a42bb\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/joint-venture-acquires-foothills-mall\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/joint-venture-acquires-foothills-mall\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/joint-venture-acquires-foothills-mall\/#primaryimage\",\"url\":\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/07\/Foothills-Mall.jpeg\",\"contentUrl\":\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/07\/Foothills-Mall.jpeg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/joint-venture-acquires-foothills-mall\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Joint Venture Acquires Foothills Mall\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1b82b91678533ae5d40e3240086a42bb\",\"name\":\"the Editors of Commercial Property Executive\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/fc4d938ac2881d5bcae0ddd8397983de4563e191bf8314571185ff32f8f83ea6?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/fc4d938ac2881d5bcae0ddd8397983de4563e191bf8314571185ff32f8f83ea6?s=96&d=mm&r=g\",\"caption\":\"the Editors of Commercial Property Executive\"},\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/theeditorsofcommercialpropertyexecutive\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Joint Venture Acquires Foothills Mall - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/joint-venture-acquires-foothills-mall\/","og_locale":"en_US","og_type":"article","og_title":"Joint Venture Acquires Foothills Mall","og_description":"By Gabriel Circiog, Associate Editor Alberta Development Partners&mdash;a Denver-based real estate acquisition, development and investment firm&mdash;has acquired Foothills Mall in a joint venture with affiliates of Walton Street Capital&mdash;a private equity real estate investment firm. Located in Fort Collins, the 753,000-square-foot enclosed mall was built in 1976 and remodeled in the early 1990s. The joint [...]","og_url":"https:\/\/www.commercialsearch.com\/news\/joint-venture-acquires-foothills-mall\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2012-07-11T15:04:26+00:00","article_modified_time":"2020-04-07T19:08:33+00:00","og_image":[{"url":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/07\/Foothills-Mall.jpeg","type":"","width":"","height":""}],"author":"the Editors of Commercial Property Executive","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/joint-venture-acquires-foothills-mall\/","url":"https:\/\/www.commercialsearch.com\/news\/joint-venture-acquires-foothills-mall\/","name":"Joint Venture Acquires Foothills Mall - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/joint-venture-acquires-foothills-mall\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/joint-venture-acquires-foothills-mall\/#primaryimage"},"thumbnailUrl":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/07\/Foothills-Mall.jpeg","datePublished":"2012-07-11T15:04:26+00:00","dateModified":"2020-04-07T19:08:33+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1b82b91678533ae5d40e3240086a42bb"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/joint-venture-acquires-foothills-mall\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/joint-venture-acquires-foothills-mall\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/joint-venture-acquires-foothills-mall\/#primaryimage","url":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/07\/Foothills-Mall.jpeg","contentUrl":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/07\/Foothills-Mall.jpeg"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/joint-venture-acquires-foothills-mall\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Joint Venture Acquires Foothills Mall"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1b82b91678533ae5d40e3240086a42bb","name":"the Editors of Commercial Property Executive","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/fc4d938ac2881d5bcae0ddd8397983de4563e191bf8314571185ff32f8f83ea6?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/fc4d938ac2881d5bcae0ddd8397983de4563e191bf8314571185ff32f8f83ea6?s=96&d=mm&r=g","caption":"the Editors of Commercial Property Executive"},"url":"https:\/\/www.commercialsearch.com\/news\/author\/theeditorsofcommercialpropertyexecutive\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004052707","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/1269"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004052707"}],"version-history":[{"count":1,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004052707\/revisions"}],"predecessor-version":[{"id":1004412118,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004052707\/revisions\/1004412118"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004052707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004052707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004052707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}