Edwards Corner has been acquired by Denver-based Gart Properties
Firm has also owned The Seasons at Avon and the West Vail Mall in the Vail Valley
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Denver-based Gart Properties recently announced its acquisition of Edwards Corner.
Situated in the heart of Edwards, Edwards Corner is home to a mix of local businesses, including Hovey & Harrison, Drunken Goat, Cut Butcher Shop and Eye Pieces of Vail. These tenants are woven into the fabric of the Edwards community, serving both locals and visitors.
This acquisition marks the second addition to the Gart Stabilized Asset Fund, Gart Properties’ income-oriented real estate strategy. The fund’s first acquisition was Canyon View Marketplace in Grand Junction, completed earlier this year. Through this fund, Gart Properties is targeting long-term ownership of well-located, stabilized retail assets with strong, diversified tenant rosters.
“Our investment in Edwards Corner reflects our belief in the strength and resilience of Colorado’s mountain communities,” said Evan Gart, executive vice president at Gart Properties. “With a 2% vacancy rate and limited ground-up construction of mixed-use properties, Edwards Corner is well-positioned for the long term. We’re proud to support the small businesses, restaurants and entrepreneurs who call it home.”
The acquisition also represents a strategic return to the market for Gart Properties, which has maintained a significant presence in the Vail Valley over the past 50 years, including ownership of assets including The Seasons at Avon and the West Vail Mall.
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There is limited availability for retail, office and executive suite space at the property. Interested parties are encouraged to contact Gart Properties for leasing opportunities.
For more information, call 303-333-1933 or go to GartProperties.com.
