Shopping center in Fort Collins trades for $12.15M

DENVER, June 9, 2026 – JLL Capital Markets announced today that it has completed the $12.15 million sale of Drake Crossing, a 56,214-square-foot shopping center in Fort Collins, Colorado.

JLL represented the seller, Alpine Investment Group LLC, in the off-market sale to Big Ben Funds and CAMCRE.

Drake Crossing is situated at 2100 W Drake Rd. in the dense residential neighborhoods of West Fort Collins. The property benefits from its location at the intersection of W. Drake Rd. and S Taft Hill Rd. and is shadow-anchored by Safeway and Walgreens. The three-building shopping center is 96% leased to a diverse mix of local and national tenants, including Subway, Joseph’s Hardware Store, Intersect Brewery, Poudre Pet & Feed Supply and more.

JLL’s Capital Markets Investment Sales and Advisory team representing the seller was led by Managing Director Jason Schmidt and Senior Director Austin Snedden.

"The market continues to demonstrate significant appetite for grocery-anchored and shadow-anchored opportunities, reflecting the asset class's fundamental strength” said Snedden.

JLL’s Capital Markets group is a full-service global provider of capital solutions for real estate investors and occupiers. The group’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 group has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

For more news, videos and research resources, please visit JLL’s newsroom. 

JLL (NYSE:JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 113,000 as of March 31, 2026. For over 200 years, clients have trusted JLL, a Fortune 500® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities.. For further information, visit jll.com. 

Alpine Investment Group LLC, based in Sun Valley, ID, is a privately held boutique investment firm focused on creating wealth through commercial real estate. To learn more about the company, please visit: www.alpineig.com.

Big Ben Funds is a private investment and asset management firm focused on commercial real estate and middle-market business acquisitions throughout North America. The firm invests across multiple asset classes and markets, seeking opportunities where active management, operational expertise and strategic capital can create long-term value.

Capital Asset Management (CAM) is a privately owned commercial real estate firm headquartered in Phoenix, Arizona, founded in 2009. The firm manages over 139 properties and 8 million square feet across property types including retail, office, industrial, and medical — with a presence spanning Arizona, Nevada, California, and Hawaii. In addition to property management, CAM offers brokerage, development, and capital markets services. https://camcre.com/