Stan Kroenke has added to his local real estate holdings.
An entity registered to Bruce Glazer, CFO of Kroenke Sports and Entertainment, and sharing a mailing address with The Kroenke Group’s Missouri office, purchased the Belleview Promenade retail center at 8000 E. Belleview Ave. in Greenwood Village last week.
Acting as GKT Belleview Promenade LLC, Kroenke paid $49 million for the complex, according to public records.
The seller, L&B Realty Advisors, purchased the complex in August 2013 for $36.1 million, records show.
Belleview Promenade tenants include Ocean Prime, Chipotle, Maria Empanada, Starbucks, Larkburger, KeyBank and Bar Louie.
Stan Kroenke owns Kroenke Sports & Entertainment, which owns a controlling interest in multiple sports teams, including the Denver Nuggets, Colorado Avalanche, Colorado Rapids and Los Angeles Rams.
He and his affiliates own a host of Colorado real estate, some of which is sports-related. His assets include the Pepsi Center, Dick’s Sporting Goods Park, downtown Denver’s Writer Square and the Paramount Theatre.
Kroenke also put up money that allowed Denver-based Revesco Properties to purchase amusement park Elitch Gardens, which is slated to eventually be moved for a new neighborhood dubbed River Mile.