Blue Mountain Village Acquired In $103M Portfolio Sale

Blue Mountain Village
Courtesy of Skyline International Development

CNL Lifestyle Properties has sold a seven-property, 423k SF portfolio of resort retail assets in the US and Canada—including Blue Mountain Village, above, and Whistler Creekside Village—for $103M. The buyer is a private real estate consortium between The Imperium Cos, MMG Equity Partners and Blue River Family Office Partners. The deal was arranged by Marcus & Millichap Institutional Property Advisors division executive director Lori Schneider. The ground-floor retail assets are in mixed-use villages of six ski resorts and one golf and beach resort, The Village of Baytown Wharf, in Florida.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Toronto Newsletters
Related Stories

Wereldhave Sells €63M Shopping Center To French Investor

Banks Are Manhattan's Latest Hot Retail Tenant

GGP To Redevelop Former Dick's Sporting Goods Store At Frisco's Stonebriar Centre

From Pandemic Darling To Cautionary Tale: Pickleball Clubs Face A Reckoning After Betting Big On Retail Space

Gwinnett Mall Project Stands To Benefit From Georgia's Opportunity Zone Picks

JLL: Holiday Spending To Rise Nearly 10%, But Shoppers Aren't Splurging On Gifts

Philly Restaurant Operators Avoid Percentage Rent, Tenant Improvement Deals

Kroger Plans 3 New Store Formats, 110 New Locations In Bid To Boost Sales

Food Hall Planned Near Broncos' Burnham Yard Stadium Site

Next Phase Of Amsterdamse Poort Redevelopment Kicks Off

Site Centers To Stop Trading As It Winds Up Operations

Los Angeles Trials Its Own Vacant To Vibrant Program