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Foothills Mall in Fort Collins Now Owned by McWhinney

McWhinney closes on purchase of Fort Collins Foothills mall

Foothills mall has new owners and a possible new path forward. Loveland developer McWhinney purchased the 63-acre Midtown Fort Collins property Tuesday, closing the nine-year chapter of the mall s revitalization under Alberta Development Partners of Greenwood Village.  Terms of the deal were not immediately available.  McWhinney and venture partner Prism Places, a 10-year-old Los Angeles-based company focused on retail development, management and merchandising, purchased the property. Prism Places will take over as the mall’s property manager.   “Foothills is ripe with opportunity to help reenergize the community, and we couldn’t have imagined a more dynamic project to mark our first one in Colorado and first joint venture with McWhinney,” said Stenn Parton, president of Prism Places.  

It s rough out there for homebuyers

It s rough out there for homebuyers It’s Pat Ferrier, the Coloradoan’s business reporter. It’s no secret that buying a house these days can be a long and frustrating process as prices soar and the number of available homes drops. It won’t be long before Fort Collins’ median price reaches half-a-million dollars, continuing to push the sphere of affordability out farther. Timnath has the highest median price in Larimer County, and Greeley continues to have the lowest price in Northern Colorado, according to the Fort Collins Board of Realtors. If you’re in the market, take a deep breath, store up your patience and check out my story on the real estate market in Northern Colorado at Coloradoan.com on Monday morning.

Foothills mall ownership: McWhinney seeks to buy Fort Collins mall

Foothills mall ownership: McWhinney seeks to buy Fort Collins mall
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