Kensington Real Estate Group

Case Studies

FAIRFIELD COMMONS

A 144,000-square-foot community retail center positioned along a busy retail corridor in Metro Denver. Despite tenants such as TJ Maxx and Chili’s Bar & Grill, the center was 40% vacant upon acquisition and in need of a daily needs anchor to be competitive with surrounding retail properties. The Kensington team completed a major renovation and expansion to add a Sprouts Farmers Market, as well as re-tenanting much of the existing shop space. Sixteen thousand square feet wass being demolished to accommodate the 27,000-square-foot specialty grocer. In addition, a 20,000-square-foot Planet Fitness was added to the tenant lineup, all spurring increased interest in the remaining vacancies. The property was sold in 2016.