M&A
confidence high
sentiment positive
materiality 0.70
Broad Street Realty completes Greenwood Village retail center acquisition
Broad Street Realty, Inc.
- Issued 2,752,568 shares of common stock to prior BSV Greenwood investors as merger consideration.
- Acquired The Shops at Greenwood Village, a ~210,603 sq ft retail center in Colorado, now 92.5% leased.
- Entered $23.5M mortgage loan at Prime minus 0.35% (fixed via swap at 4.082%), maturing Oct 2028.
- Portfolio expands to 15 neighborhood shopping centers with over 1.73M sq ft across five states and DC.