{"id":1004203139,"date":"2018-01-10T11:09:33","date_gmt":"2018-01-10T19:09:33","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004203139"},"modified":"2022-12-05T06:12:44","modified_gmt":"2022-12-05T14:12:44","slug":"revesco-properties-disposes-of-co-mixed-use","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/revesco-properties-disposes-of-co-mixed-use\/","title":{"rendered":"Revesco Properties Disposes of CO Mixed-Use"},"content":{"rendered":"<p>By Adina Marcut<\/p>\n<div id=\"attachment_1004203150\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/5773-5777-Olde-Wadsworth-Blvd.png\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" aria-describedby=\"caption-attachment-1004203150\" data-attachment-id=\"1004203150\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/revesco-properties-disposes-of-co-mixed-use\/5773-5777-olde-wadsworth-blvd\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/5773-5777-Olde-Wadsworth-Blvd.png\" data-orig-size=\"800,619\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"5773-5777 Olde Wadsworth Blvd\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/5773-5777-Olde-Wadsworth-Blvd.png?w=800\" loading=\"lazy\" class=\"wp-image-1004203150 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/5773-5777-Olde-Wadsworth-Blvd.png\" alt=\"Olde Town Plaza at 5773-5777 Olde Wadsworth Blvd., Arvada, Colo. \" width=\"300\" height=\"232\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/5773-5777-Olde-Wadsworth-Blvd.png 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/5773-5777-Olde-Wadsworth-Blvd.png?resize=300,232 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/5773-5777-Olde-Wadsworth-Blvd.png?resize=768,594 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004203150\" class=\"wp-caption-text\">Olde Town Plaza, 5773-5777 Olde Wadsworth Blvd., Arvada, Colo.<\/p><\/div>\n<p>HFF has secured the sale of Olde Town Plaza, a 19,673-square-foot transit-oriented, mixed-use property located in Arvada, Colo. Directors Chad Murray and Mark Williford were part of the investment advisory team working on behalf of the seller, Revesco Properties.<\/p>\n<p>Located at 5773-5777 Olde Wadsworth Blvd., at the entrance of Olde Town Arvada, the three-story building is a 10-minute drive from downtown Denver and minutes from various shopping, dining and entertainment venues such as Olde Town Arvada Park and Ride, Arvada Flour Mill Museum, Starbucks and Johnny Roberts Disc Golf Course and Park. Additionally, Olde Town Plaza is two blocks from the Olde Town Arvada RTD Light Rail Station, which is scheduled for completion this year.<\/p>\n<p>Built in 1938, the property is a mix of retail and residential building offering more than 10,000 square feet of ground-floor retail and 17 units averaging 519 square feet. The pet-friendly community offers one- and two-bedroom units and includes on-site laundry, hardwood floors and bike racks.<\/p>\n<p><em>\u201cOlde Town Plaza was a unique opportunity to acquire a transit-oriented, mixed-use asset at \u2018Main and Main\u2019 in one of the hottest growth submarkets of Denver,\u201d<\/em> said Williford.\u00a0<em>\u201cThe former owner had implemented a successful value-add strategy, and the new owner intends to continue executing on that strategy through the project\u2019s completion.\u201d<\/em><\/p>\n<p>Recently, HFF brokered the sale of Resurgens Plaza, a 402,929-square-foot Class A <a href=\"https:\/\/www.commercialsearch.com\/news\/zeller-realty-snags-atlanta-office-tower\/\">office tower\u00a0in Atlanta<\/a>&#8216;s Buckhead submarket.\u00a0<\/p>\n<p><em>Image via Google Maps<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The property features more than 10,000 square feet of ground-floor retail space and 17 residential units. HFF worked on behalf of the seller in the transaction.<\/p>\n","protected":false},"author":436,"featured_media":1004203150,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,1587,21752,21742,15],"tags":[32792,38839],"class_list":["post-1004203139","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-denver","category-mixed-use","category-latest","category-west","tag-hff","tag-revesco-properties"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Revesco Properties Disposes of CO Mixed-Use - 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\/revesco-properties-disposes-of-co-mixed-use\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Revesco Properties Disposes of CO Mixed-Use\" \/>\n<meta property=\"og:description\" content=\"The property features more than 10,000 square feet of ground-floor retail space and 17 residential units. 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