Northern Colorado Gazette

The new owners of Foothills Mall ponied up nearly $40 million to buy Fort Collins’ aging shopping center and expect to spend nearly three times that renovating and re-energizing it.

Walton Foothills Holdings VI, LLC — the ownership group comprised of Greenwood Village-based Alberta Development Partners and affiliates of Walton Street Capital — bought the nearly 40-year-old mall in July, bringing with it a community’s hopes for long-awaited redevelopment.

Alberta declined to disclose the purchase price in July but the new deed filed with the Larimer County Assessor’s office lists the sale price at $39.6 million.

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