September 24, 2025 – We are pleased to announce the acquisition of North Bear Crossing, a 31,871 SF Essential Service Retail property (ESR) in Lakewood, CO, a highly sought after suburb of the Denver MSA. The Property is located at the signalized hard corner of Kipling Parkway (SR-391) and Morrison Street (SR-8) with excellent visibility to more than 55,000 VPD. The property is currently 86% occupied, with 40% of the tenant mix comprising national operators including Sports Clips, Domino’s, KFC/A&W, Moes BBQ, and F45.
This investment aligns with our strategy to target unanchored, high-quality Essential Service Retail centers in strong demographic submarkets. This acquisition marks CenterSquare’s third ESR investment in the Denver MSA and 61st nationally.
