The District by Windsor, a 276-unit multi-housing community in Denver, CO |
DENVER, CO – JLL Capital Markets has arranged the sale of The District by Windsor, a 276-unit multi-housing community in Denver, Colorado.
JLL represented the seller, GID,
in facilitating the buyer, Mesirow Financial. The price was not
disclosed.
Jordan Robbins |
The community’s strategic location near Belleview Station and RTD Southmoor
Station provides convenient public transit options, while its proximity to
shopping centers and major employment hubs, including the Southeast Business
Corridor.
Denver is a thriving metro area
known for its strong economy, highly educated workforce and exceptional quality
of life. The region boasts robust job growth that attracts young professionals
with an average of 89 new residents moving to the metro area daily.
Wick Kirby |
The District by Windsor, constructed in 2007, is a mid-rise apartment community situated on a spacious 7-acre plot. This well-maintained property offers 247,811 square feet of residential space, complemented by 16,622 square feet of commercial space creating a vibrant mixed-use environment.
With a high occupancy rate of
95%, The District caters to a diverse range of residents seeking modern
comfortable living spaces. The community boasts an impressive array of
amenities including a year-round spa and hot tub, a resort-style swimming pool,
a state-of-the-art fitness center and EV charging stations, reflecting its
commitment to providing a luxurious and sustainable lifestyle for its residents.
Alasdair Cripps |
"We are pleased to partner with JLL Capital Markets and GID in the purchase of The District by Windsor,” stated Alasdair Cripps, CEO of Mesirow Institutional Real Estate Direct Investments.
“Going forward, our vision for the property includes additional capital for modern amenities and enhancements to interior units and the exterior appearance.
"With these changes, we will be rebranding the property as The District at Hampden South and look forward to serving the community.”
Alex Possick |
"The sale of The District by Windsor demonstrates the continued investor appetite for well-located, value-add multi-housing assets in the Denver metro area," said Robbins.
"The property's strategic location near major employment centers and its
potential for unit interior upgrades made it an attractive investment
opportunity in today's market."
Seth Gallman |
Contact:
Gréta Kieras
Senior Associate
Public Relations
Phone: +1 949 930 8498
Email: greta.kieras@jll.com
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