In Fort Collins, a new Foothills — again
“This is not just another mall renovation. You need to un-mall. You need to de-mall this site,” said a McWhinney employee.
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“This is not just another mall renovation. You need to un-mall. You need to de-mall this site,” said a McWhinney employee.
“We led with all the constraints,” Matt Joblon said of his pitch to property owner Invesco.
Macy's continues to pare back its business in the face of changing shopping patterns and increased online competition.
McWhinney partners with L.A. group to acquire Foothills mall in Fort Collins Loveland-based McWhinney Real Estate Services Inc. closed on the Foothills mall in Fort Collins this week after pursuing the foreclosed shopping center for months. The new owners, which include California real estate firm Prism Places Inc., will immediately begin “supporting the mall’s existing tenants, taking inventory of current operations and engaging stakeholders to gather input on potential future improvements to the property,” McWhinney said in a news release Wednesday morning. The sales price was not ...
Foothills mall has new owners and a possible new path forward. Loveland developer McWhinney purchased the 63-acre Midtown Fort Collins property Tuesday, closing the nine-year chapter of the mall's revitalization under Alberta Development Partners of Greenwood Village. Terms of the deal were not immediately available. McWhinney and venture partner Prism Places, a 10-year-old Los Angeles-based company focused on retail development, management and merchandising, purchased the property. Prism Places will take over as the mall’s property manager. “Foothills is ripe with opportunity to ...