An empty southwest Denver big box store has a new owner.
Hawkins Development bought a former Safeway grocery store at Sheridan Boulevard and Jewell Avenue last week, according to Denver property records. The big box building went dark two years ago when the grocery store cut several Denver locations.
The sale included the 60,000-square-foot Safeway building at 1955 S. Sheridan St. and 6 acres of parking lots in front of the store. An adjacent multi-tenant retail building and another freestanding building facing Sheridan Boulevard in the complex were not included in the sale.
Deeds filed with the city did not list a sale price or documentary fee. Hawkins Development did take out a $6 million construction loan from Bank of Utah, backed by the property, on the same day as the sale.
Hawkins Development manager Kevin Hawkins did not return messages seeking comment last week.
The South Sheridan location was one of nine Denver-area Safeways the grocer axed two years ago. The other shuttered stores are scattered between Thornton, Westminster, Aurora, Littleton and Centennial.
An empty southwest Denver big box store has a new owner.
Hawkins Development bought a former Safeway grocery store at Sheridan Boulevard and Jewell Avenue last week, according to Denver property records. The big box building went dark two years ago when the grocery store cut several Denver locations.
The sale included the 60,000-square-foot Safeway building at 1955 S. Sheridan St. and 6 acres of parking lots in front of the store. An adjacent multi-tenant retail building and another freestanding building facing Sheridan Boulevard in the complex were not included in the sale.
Deeds filed with the city did not list a sale price or documentary fee. Hawkins Development did take out a $6 million construction loan from Bank of Utah, backed by the property, on the same day as the sale.
Hawkins Development manager Kevin Hawkins did not return messages seeking comment last week.
The South Sheridan location was one of nine Denver-area Safeways the grocer axed two years ago. The other shuttered stores are scattered between Thornton, Westminster, Aurora, Littleton and Centennial.
Leave a Reply