$11M acquisition financing secured for mixed-use center in Colorado

DENVER, Jul. 23, 2025 – JLL Capital Markets announced today that it has secured a $11 million financing for Edwards Corner, a 48,351-square-foot mixed-use property located in Edwards, Colorado, in the heart of Vail Valley.

JLL worked on behalf of the borrower, Gart Properties, in arranging the acquisition loan through a regional bank.

Located at 56 Edwards Village Blvd. in the heart of Vail Valley, Edwards Corner is 89% occupied by a diverse mix of restaurants, retailers and service-based tenants. Built in 2004 and home to nearly fifty local businesses, the property is comprised of retailers with direct consumer traffic on the first floor as well as flex space that can be utilized as office or retail on the 2nd floor. The center also includes three executive suites with private offices and amenities, including reservable conference rooms.

Notable retail tenants include Drunken Goat, Il Mago, Eye Pieces of Vail, Hovey & Harrison, UPS Store, Compass Realty and Maker & Stitch. Major office tenants include Edward Jones, LKW Design Associates, Keller Williams Realty, TAB Associates and Rocky Mountain Audiology.

"Edwards Corner represents a strategic acquisition in one of Colorado's most supply-constrained and affluent mountain markets with a diverse tenant mix that has demonstrated strong historical occupancy in the heart of Vail Valley. We're pleased to have secured competitive acquisition financing for Gart Properties that aligns with their extensive experience in mountain retail property management and positions them to maximize this high-barrier-to-entry mixed-use asset's potential.” said Eric Tupler.

Edwards Corner is located just off Edwards Village Blvd. With Hwy-6 and I-70 located less than half a mile from the property, Edwards offers convenient access to Beaver Creek Ski Resort and Vail Ski Resort, just five and 15 minutes away, respectively.

JLL Capital Market’s Debt Advisory team, representing the borrower, was led by Executive Managing Director Eric Tupler, Directors Will Haass and Rob Bova.

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

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The Gart Companies is a privately held corporation comprising two primary divisions: Gart Properties, which focuses on the acquisition and management of a diverse portfolio of real estate assets; and Gart Capital Partners, which specializes in growth equity investments, management buyouts, and recapitalizations of high-quality businesses. The firm is actively expanding its footprint through targeted real estate acquisition and strategic investments in companies poised for long-term growth.