Galway Cos., an investment company with retail, hospitality and multifamily assets throughout southern Wisconsin, has paid $55 million to acquire The Promenade Shops at Centerra in Loveland.

According to Larimer County property records, the seller in the deal recorded Aug. 8 was Promenade Shops — 10220472 LLC, registered to the Dallas office of KeyCorp. (NYSE: KEY), the holding company for KeyBank, one of the nation’s largest regional banks.

The buyer was Galway Centerra LLC, registered to Galway’s home office in Monona, a suburb of Madison, Wisconsin.

Acquisition of the 20-year-old, 493,000-square-foot open-air shopping center in east Loveland, a property with a history of retail success amid foreclosures and lawsuits, marks Galway’s first investment in Colorado.

According to a news r

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