DENVER BUSINESS JOURNAL - A pair of real estate investment firms have scooped up the Southlands mall in Aurora for $142 million.
Chicago-based M & J Wilkow and New York-based MetLife Investment Management purchased the mall at 6155 S. Main St. from Northwood Investors Inc. for $102 million in 2012.
This is the largest retail investment sale in metro Denver since Connecticut-based Starwood Capital Group in September 2015 purchased the Belmar mixed-use center in Lakewood for $300 million.
Greenwood Village-based Alberta Development Partners developed the 1.7 million-square-foot mall, which includes both retail and office space, in 2005.