Evergreen Devco has sold Outlook Table Mesa, a 250-unit luxury apartment community in Wheat Ridge, Colorado, for $97 million—an average of nearly $390,000 per unit. The buyer of the asset is FJ Management.
Completed in 2023, the community received a $51.2 million construction loan from Comerica Bank in 2022.
Outlook Table Mesa is situated on over 12 acres at 4051 Clear Creek Drive, approximately 14 miles west of downtown Denver. The property features 16 low-rise buildings offering one- and two-bedroom floor plans, with units averaging 908 square feet. All units include private balconies or patios.
The amenity package includes a swimming pool, business lounge, sports court, and fully equipped fitness center.
Outlook Table Mesa is part of Evergreen’s larger Clear Creek Crossing project, a master-planned, mixed-use development that incorporates a range of residential, retail, and restaurant offerings.
Northmarq’s Dave Martin and Brian Mooney represented Evergreen Devco in the transaction.
Evergreen was founded in 1974 by Bruce Pomeroy and Andrew Skipper, and currently operates offices in Phoenix, Los Angeles, Denver, and Salt Lake City. We are a fully diversified real estate company with vast experience in all aspects of retail and multifamily development, asset management, property management, and leasing.
Evergreen has evolved and expanded since its founding, but the foundation built upon deep relationships, a disciplined approach, and a commitment to excellence have remained constant.
