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Bear of a Sale in Denver

Largest Retail Sale of the Year in Denver at $30.8M
By Clarence Wong
June 19, 2003 | 3:29 P.M.

PO'B Montgomery & Co., a retail investment company based out of Dallas, TX, purchased the 342,850-square-foot Bear Valley retail center at 3100 South Sheridan Blvd. The property sold for $30.8 million, or $89.83 per square foot, at an 8.4% cap rate. This was reportedly the largest retail sale of the year in Denver thus far.

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