CentrePoint Properties Buys Edgewater Public Market
From press release:
Denver-based CentrePoint Properties has acquired Edgewater Public Market, a premier 76,000 square foot Class A neighborhood retail center just west of Sloan’s Lake.
“We believe Edgewater Public Market stands as one of the best market halls in Colorado,” said Tucker Manion, CEO of CentrePoint Properties. “The LCP team has done a tremendous job with the redevelopment, creating a vibrant and inviting space for the community.”
LCP Development, a sister company of LCP Management, opened Edgewater Public Market in a former King Soopers grocery store in November 2019. The project is home to a market hall with 16 food and beverage businesses, a cocktail bar, a brewery, and 17 retail and experience-based businesses. Nearly all of those businesses are independently and locally owned. The property is also home to three other buildings that include Shake Shack, Syrup, four fitness businesses, Veterinary Emergency Group, and the recently opened Adelita’s Cocina y Cantina.
“We love the unique nature of the market hall,” Manion said. “Edgewater Public Market is the centerpiece shopping and dining destination in one of Denver metro’s best neighborhoods. It’s already a success, and our vision is to take the center to the next level.”
CentrePoint is an opportunity-focused real estate company based in Denver that works in all major markets in Colorado and Arizona. CentrePoint was founded in 2008 and has more than $400 million in assets under management. This strategic investment in Edgewater Public Market represents the third addition to CentrePoint’s Fund I portfolio.
Regular patrons of Edgewater Public Market, which celebrated its fifth anniversary in November, should not expect to see immediate changes.
“We are excited to support and grow this already exceptional market hall,” Mansion said.
Since its opening in 2019, Edgewater Public Market has become a frequent gathering place for locals and tourists. It hosts a popular Monday Night Movie series every July to October, bimonthly pop-up markets featuring independent artists and makers, live music, special events around most holidays, and other events throughout the year. Edgewater Public Market was featured in the New York Times in August 2024, and was voted Best Food Hall by the readers of Westword in 2024 and by the readers of 5280 for the past three years.
“The community of Edgewater and our surrounding Denver neighborhoods have really embraced this market hall,” said Gisela Mediavilla, general manager of Edgewater Public Market. “We’ve got a lot of regulars, and a lot of small business owners doing really interesting things here.”