Core Acquisitions Buys Lakewood Shopping Plaza
A partnership has purchased the Lamar Station Plaza shopping center for $30.25 million.
Updated on Oct. 30, 2026 in Commercial
Live Poll
When new companies acquire your local shopping centers, do you expect to see improvements?
Core Acquisitions and Midloch Investment Partners have purchased the 271,632-square-foot Lamar Station Plaza in Lakewood. The transaction follows a previous 2014 sale when Broad Street Realty acquired the site.
Why it matters
The acquisition of this property, located at 6431 W. Colfax Ave., marks a significant shift in ownership for a key Lakewood commercial hub. The new owners intend to initiate property improvements including façade upgrades, roof replacements, and enhanced maintenance.
The shopping center currently holds a 76% occupancy rate across its 271,632-square-foot footprint. The sale was finalized following a mortgage loan secured from Old National Bank.
The players
Core Acquisitions
An Illinois-based investment firm that focuses on the acquisition and management of commercial real estate properties.
Midloch Investment Partners
A real estate investment firm that co-purchased the plaza to improve site maintenance and infrastructure.
Broad Street Realty Inc.
The commercial real estate company that previously held ownership of the property after acquiring it in 2014.
Trey Parker and Matt Stone
The creators of South Park who own the nearby Casa Bonita restaurant and invested $40 million in its renovation.
The details
The property sale, brokered by Cushman & Wakefield, includes plans for significant site improvements such as signage updates and parking lot repairs. These upgrades are intended to bolster the appeal of the center, which serves as a major retail destination in the Lakewood area.
Timeline
Broad Street Realty acquired the property in 2014.
Trey Parker and Matt Stone purchased Casa Bonita in 2021.
Casa Bonita officially reopened to the public in 2023.
Core Acquisitions and Midloch Investment Partners purchased the plaza in October 2026.
Culture Shift
The purchase of Lamar Station Plaza follows the 2023 renovation and reopening of Casa Bonita. This investment reflects a broader trend of commercial revitalization surrounding major local cultural anchors in Lakewood.
Residents and shoppers can expect increased property maintenance and improved signage as the new owners begin upgrades. These changes aim to enhance the physical appearance and functionality of the shopping center.
The takeaway
Property management transitions often signal forthcoming improvements to local infrastructure and site maintenance. Shoppers at the center should look for visible enhancements to parking and facilities as the new ownership executes their development plan.
Further reading
For more information on retail trends, view Lakewood Commercial.
Source note: This article includes information reported by The Denver Post.
Live Poll
When new companies acquire your local shopping centers, do you expect to see improvements?
