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Refinanced Boulder center opens with 90% occupancy


NewMark Merrill Mountain States this week issued a double-barreled press release: It closed on a $62 million refinancing of the Village at the Peaks and opened the Boulder-area center at close to 90% capacity.

The $100 million, 442,000-sq.-ft. had been under development for five years in a public/private partnership between NewMark Merrill and the city of Longmont. New financing was provided by Allianz Real Estate of America.

Tenants includes national brands like Whole Foods, Regal Cinemas, Gold’s Gym, Party City along with a complete roster of dining and necessity-based retailers like T-Mobile, Parry’s Pizzeria, Longmont Modern Dentistry, Jersey Mike’s Subs, and Brain Balance Achievement Centers.

”We are extremely proud of Village of the Peaks as a community center which we believe will provide extraordinary shopping, food, services and serve as a gathering place for a long time to come," said NewMark Merrill CEO Sandy Sigal.

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