Final piece of former Loveland outlet mall sold as redevelopment gets underway

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The company that is redeveloping the Outlets at Loveland, an all-but-vacant prime piece of real estate along Interstate 25, has closed on the last piece of the property for $12.3 million.

an all-but-vacant prime piece of real estate along Interstate 25, has closed on the last piece of the property for $12.3 million.said Wednesday that Schuman Companies’ purchase completes the company’s acquisition of the outlet mall at the intersection of I-25 and U.S. 34.

“The velocity of tenant commitments at Loveland Yards is proof of concept for Schuman Companies’ vision to create a marketplace catering to Northern Colorado business owners,” CBRE Vice President Melissa Moran said in a statement. The tenants so far include Avery’s Tea House, Slate Studios, Gold’s Gym, School of Rock, CycleBar, Citipointe Church, FyrePro, Ewing Leavitt Insurance and Trek Bicycles, expected to be the first new tenant to open its doors in July.

 

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