Grand Junction, Colorado Shopping Center Acquired

Benchmark Opportunity Partners, LLC Acquires Grand Junction, Colorado Shopping Center
 

Dallas, TX:  Dallas based Benchmark Opportunity Partners, LLC in conjunction with its partner, Twist Realty, L.P. has acquired the Teller Arms Shopping Center at 2301 and 2401 North Avenue and 2618 Belford Avenue, in Grand Junction, Colorado.  Teller Arms is a 128,262 shopping center with a vacant former Hobby Lobby and excess land.  Current tenants include Big Lots, Hastings Entertainment, Dollar Tree, Rent-A-Center and several shop tenants.  The property is 61.5% occupied.  

Management intends to market the excess land, lease the vacancy and strengthen the tenant mix
 
For further information, contact Wm. Douglas Archer at 972-455-4904, Marc McCarthy at 972-715-1455 or Randy Twist at 972-389-1795.