Nuggets owner buys $30M Colorado shopping center

Posted at 10:38 AM, Mar 04, 2016
and last updated 2016-03-04 19:25:46-05

The sports mogul who owns the Colorado Avalanche hockey team, Denver Nuggets basketball team and now-Los Angeles Rams football team has purchased property in Basalt.

The Aspen Times reports that a company owned by Stanley Kroenke and his firm The Kroenke Group purchased a shopping center.

According to deed documents filed with the Eagle County Clerk and Recorder's Office, TKG Willits Town Center LLC of Columbia, Missouri, purchased the buildings for $30.46 million Wednesday.

TKG Willits Town Center and affiliates TKG Real Estate Services and TKG Management have their offices at The Kroenke Group's headquarters at Columbia.