BMC Investments, Rockpoint 100% Retail Leasing at Oasis Development Achieved
The BMC Investments and Rockpoint partnership is developing the mixed-use community in Cherry Creek North, which features ground-level retail and luxury apartments.
BMC Investments, a Denver-based, vertically integrated real estate investment manager, alongside real estate private equity firm partner Rockpoint, announced that the retail space at The Oasis Apartments, Cherry Creek is 100% leased.
Located at 299 Milwaukee St., the property comprises 26,000-square-feet of ground-level retail on Milwaukee between Second and Third Avenues in Cherry Creek North. Premium home furnishings and décor brand Arhaus will anchor the space, leasing approximately 18,000 square feet.
Additional tenants include Two Hands, an Australian-inspired all-day café and restaurant concept, which will open its second Denver-area location at The Oasis. Award-winning and locally owned luxury real estate brokerage milehimodern will bring its signature presence to The Oasis, one of five locations across Colorado. The retail lineup is rounded out by PopUp Bagels,known for its unique approach to the bagel experience, which serves whole, unsliced bagels meant to be torn apart and dipped into its butter and cream cheese schmears.
“The lease up of the retail space reflects the strong demand to be a part of this dynamic and vibrant submarket. Cherry Creek is underserved when it comes to approachable breakfast and lunch concepts, and this is our way of directly addressing that need,” said Matt Joblon, founding partner and CEO of BMC Investments. “We are excited to introduce a thoughtfully curated mix of neighborhood-oriented tenants that will further enhance the development and strengthen the surrounding community."
BMC Investments and Rockpoint broke ground on The Oasis Apartments, Cherry Creek in late 2024. Retail openings are expected throughout 2027, with the first tenants expected to open in the first quarter alongside the delivery of all 177 apartments in the development. The project features one-, two- and three-bedroom residences with amenities including a rooftop pool, clubroom, fitness center and spa.
About BMC Investments: BMC Investments is a highly disciplined, vertically integrated real estate investment firm generating risk-adjusted returns through acquisition, development and management of various property types throughout the U.S. BMC focuses its investment strategy on seeking to create long-term value in its assets and aims to generate attractive risk-adjusted returns. The company aspires to differentiate itself by procuring attractive investments in its areas of focus; utilizing a measured and disciplined investment process with a rigorous focus on risk management; leveraging high-quality operating systems and processes; and attracting, retaining and developing talented people. To learn more, visit www.bmcinv.com.
About Rockpoint: Rockpoint is a real estate private equity firm that employs a fundamental value approach to investing, targeting select product types and markets throughout the United States. The firm applies a consistent and disciplined investment approach across its investment programs, which span distinct return profiles. Rockpoint continually assesses market opportunities and evaluates potential investments relative to intrinsic value, replacement cost, and cash flow, targeting investments that Rockpoint believes are inefficiently priced or misunderstood by the broader market. Rockpoint proactively pursues opportunities that exhibit strong value potential that can be realized through impactful asset management. Since 1994, the firm’s co-founders with others have sponsored 19 investment vehicles and related co-investment vehicles through Rockpoint and a predecessor firm and have invested or committed to invest in 523 transactions with a total peak capitalization of approximately $84 billion. To learn more, visit www.rockpoint.com.
