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August 8, 2023

Stockdale Capital Partners’ Shops At Northfield in Denver Colorado nears full tenant capacity

Open-air entertainment, retail, dining, and entertainment complex is 96% leased, with new high-end tenants

LOS ANGELES – August 8, 2023 Stockdale Capital Partners (“Stockdale”), a Los Angeles-based, vertically-integrated real estate investment firm, announced that its Shops at Northfield open-air retail, entertainment and dining complex is now 96% leased with approximately 66,000 SF of new tenancy including P.F. Chang’s, Bowlero, Sephora, and a Lululemon pop-up store.

The Shops at Northfield, a 769,359 square-foot retail, dining, and entertainment complex situated on 87 acres, features over 20 restaurant and dining concepts. In addition to its recently-signed leases, the project includes national retailers including SuperTarget, Ulta, Bass Pro Shops, Harkins Theatres, and H&M.

“We are excited to bring these tenants to market and remain committed to creating a best-in-class retail offering at Northfield. Our vision is a vibrant, activated destination, not just for local residents, but the wider community throughout the Denver metropolitan area,” said Daniel Michaels, Managing Partner of Stockdale Capital Partners. “We have more exciting announcements coming shortly regarding our continued investment in the property that will continue to enhance our amenities.”

Completed in 2006 and situated between Downtown Denver and Denver International Airport, The Shops at Northfield is just north of Interstate 70 and is less than a mile from the Central Park light rail station.  The growing Northfield neighborhood, once part of the former Stapleton International Airport, is seeing strong economic growth overall, with new residential projects being proposed alongside commercial and retail development.

“Stockdale is firmly committed to creating a unique retail lifestyle at The Shops at Northfield – a localized, personalized, unique experience that we bring to all of our retail-focused assets,” said Jeff Bhathal, Managing Director of Stockdale Capital Partners. “We have been working strategically to bring in the right retail mix that will make the project more successful, and will provide the type of experience that will encourage shoppers to make this a regular destination as this suburban neighborhood continues to grow,” added Bhathal.

Stockdale Capital Partners is committed to the Denver market, purchasing The Source Hotel in Denver’s RiNO Arts District. The Source, which has 100 guest rooms also has 44,000 square feet of on-site restaurant and retail in its adjacent Market Hall. Stockdale Capital Partners also acquired The Source’s accompanying 300-stall parking garage and 17,000 square-foot surface parking lot. Stockdale Capital Partners’ plans for The Source include re-imagining its rooftop restaurant, activating the hotel lobby experience, and creating additional revenue drivers in the hotel’s retail space. RiNO is one of Denver’s top cultural and entertainment destinations with art galleries, music venues, and innovative culinary, retail, and nightlife offerings.