Quebec Street Shops – Denver, Colorado
Mezzanine Equity Amount: $1.5M.
Duration of Mezz-Equity Participation: 22 months (Jan'02-Nov '03).
Sale Value (SV)/Estimated Value (EV): $8M (SV).
Development Cost: $5.3M.
Project consists of three quality multi-tenant NNN retail shop buildings totaling 30,000 sq feet built on three finished outparcels located in the heart of Forest City Enterprises' redevelopment of the Denver Stapleton Airport site. Tenants include Panera Bread, UPS Store, Sports Clips, Denver Public School Credit Union, Moneytree, Panda Express, ATT Wireless, and 3-Day Blinds.