JLL Capital Markets announced that it has arranged the sale of The District by Windsor, a 276-unit multifamily community in Denver, Colorado. JLL represented the seller, GID, in facilitating the buyer, Mesirow Financial.
The District by Windsor, located at 6300 E Hampden Avenue, enjoys a prime position with immediate access to I-25 and close proximity to I-225, offering residents seamless connectivity throughout the Denver metro area. The community’s strategic location near Belleview Station and RTD Southmoor Station provides convenient public transit options, while its proximity to shopping centers and major employment hubs, including the Southeast Business Corridor.
Denver is a thriving metro area known for its strong economy, highly educated workforce and exceptional quality of life. The region boasts robust job growth that attracts young professionals with an average of 89 new residents moving to the metro area daily. Within a three-mile radius of The District by Windsor, the average household income is $137,197 and the average home value is $826,899, reflecting the area’s affluence and desirability.
The District by Windsor, constructed in 2007, is a mid-rise apartment community situated on a spacious 7-acre plot. This well-maintained property offers 247,811 square feet of residential space, complemented by 16,622 square feet of commercial space creating a vibrant mixed-use environment. With a high occupancy rate of 95%, The District caters to a diverse range of residents seeking modern comfortable living spaces. The community boasts an impressive array of amenities including a year-round spa and hot tub, a resort-style swimming pool, a state-of-the-art fitness center and EV charging stations, reflecting its commitment to providing a luxurious and sustainable lifestyle for its residents.
“We are pleased to partner with JLL Capital Markets and GID in the purchase of The District by Windsor,” stated Alasdair Cripps, CEO of Mesirow Institutional Real Estate Direct Investments. “Going forward, our vision for the property includes additional capital for modern amenities and enhancements to interior units and the exterior appearance. With these changes, we will be rebranding the property as The District at Hampden South and look forward to serving the community.”
“The sale of The District by Windsor demonstrates the continued investor appetite for well-located, value-add multi-housing assets in the Denver metro area,” said Robbins. “The property’s strategic location near major employment centers and its potential for unit interior upgrades made it an attractive investment opportunity in today’s market.”
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.
