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Large Retail Sale in Colorado Springs

North Academy Home Center Sells for $18M
By Jody Thompson
August 2, 2004 | 12:31 P.M.

EPE Holdings LLC purchased the North Academy Home Center in Colorado Springs. Total consideration for the deal was approximately $18 million, or $98 per square foot. This is one of the largest retail sale in terms of size and price to occur in Colorado Springs in the past several years. The 184,291-square-foot retail center at 5605-5783 N. Academy Blvd. in Colorado Springs was 98% leased at the time of purchase.

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