November 5, 2026

Continental Realty Corporation Acquires Quebec Village Shopping Center in Denver, CO for $31 Million

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BALTIMORE, MD (November 5, 2026) – Continental Realty Corporation (CRC), a Baltimore-based real estate investment and management company with approximately $5 billion in Assets Under Management (AUM) across 16 states, has added to its Denver-area retail portfolio with the $31 million acquisition of Quebec Village Shopping Center in Centennial, Colorado. The 125,000 square foot shopping center located at 8223 South Quebec Street represents CRC’s second retail center in the greater Denver area, joining Thornton Town Center, a 266,000 square foot center purchased by CRC earlier this year. CBRE’s Brad Lyons represented the seller, Kensington Development Partners, in this transaction.

“Quebec Village Shopping Center presented the rare opportunity to acquire an irreplaceable asset in a high-barrier Denver retail corridor at a significant discount to replacement cost,” said Josh Dinstein, CRC’s Co-Chief Investment Officer. “Denver is a top MSA (metropolitan statistical area) featuring nearly three million residents and, with more than 43,500 square feet of space currently available for lease, there is tremendous optionality to significantly transform the tenant roster and add substantial long-term value. Adding a second asset locally in the Denver submarket creates operational efficiencies and strengthens our regional leasing relationships.”

The center also includes a 43,000-square-foot space leased to Amazon Grocery that is currently dark, providing additional long-term flexibility as the property’s tenant mix evolves.

Built in 1988 Quebec Village Shopping Center is situated at the signalized intersection of S Quebec Street (more than 25,000 vehicles per day) and E County Line Road (more than 32,000 vehicles per day). Located within the Park Meadows trade area, the shopping center is near national retailers such as The Home Depot, HomeGoods, IKEA, Ross Dress for Less, Sam’s Club, and Walmart. Current tenants include national brands such as Chase Bank, GNC, and Starbucks Coffee.

“The vacant anchor space gives us an opportunity to introduce new uses that complement the existing tenants and serve the Centennial community,” said Kristina O’Keefe, SVP, Retail Operations. “Our in-house leasing team will draw on CRC’s retail relationships to attract a mix of retailers, restaurants and service providers that gives people more reasons to visit Quebec Village Shopping Center.”

According to Placer.ai, a third-party research group which tracks consumer visits, foot traffic at the Starbucks Coffee at Quebec Village Shopping Center ranks in the 98th percentile in Colorado. More than 230,000 people reside within a five-mile radius, and the daytime population contains nearly 220,000 workers, including those working at nearby Denver Tech Center. According to data research company Esri, household growth is expected to grow more than 5.4 percent and median household income is predicted to grow more than 14 percent over the next five years. The Denver MSA ranks among the top 20 U.S. metropolitan areas by population.

Since the start of 2021, CRC has acquired approximately $1 billion worth of retail real estate.

Founded in 1960, Continental Realty Corporation is a vertically integrated, privately held commercial real estate investment and management company specializing in the acquisition and operation of retail and multifamily properties. CRC owns and manages a diversified national portfolio of more than 10 million square feet of retail space and more than 10,000 apartment homes across 16 states, with a total value of approximately $5 billion. Guided by a commitment to excellence and long-term value creation, CRC combines market insight, disciplined investment strategies, and a people-first approach to deliver exceptional results for investors, residents, and communities.

For additional information, visit www.crcrealty.com.