Stockdale Capital Partners Completes Equity Recapitalization of 1.1M SF Denver Retail Center

Stockdale Capital Partners Recapitalizes Major Denver Retail Asset

Stockdale Capital Partners has completed a strategic equity recapitalization of The Shops at Northfield, a 1.1 million-square-foot retail center located at 8298 E. Northfield Blvd. in Denver, the firm announced. The transaction provides capital to fund continued repositioning of the open-air retail property.

The firm acquired The Shops at Northfield in 2022. The center was 96% leased as of August 2023.

Property Details and Tenant Roster

The Shops at Northfield, built in 2006, features anchor tenants including Target, Bass Pro Shops, and Harkins Theatres. The property's tenant roster also includes Wayfair, Life Time, P.F. Chang's, Bowlero, Sephora, Lululemon, American Eagle, and MINISO.

Strategic Repositioning

The equity recapitalization enables Stockdale Capital Partners to fund the next phase of repositioning at The Shops at Northfield. The property is located in Denver's Central Park neighborhood.