Press release – 1500 Kansas Ave, Longmont, CO 80501
Longmont, CO January 3, 2019 SVN | Denver Commercial, one of Colorado’s top producing real estate investment brokerage firms, is pleased to announce the sale 1500 Kansas Ave in Longmont. The 57,600 sq. ft. property was sold to Alice & Sage Development, LLC for $7.2 million.
“We’re thrilled to close on this property. Not only do my clients think it is a perfect fit for them, we closed with a cap rate that is well above market average,” said Jeff Heine, who represented the buyers.
The property is a fully stabilized industrial/flex asset with 9 tenants. Angela Topel and Michael-Ryan McCarty with Gibbons White, Inc represented the sellers in the transaction and Jeff Heine with SVN/ Denver Commercial represented the buyers.
Jeff Heine works in the greater Denver area, specializing in industrial sales between 20,000 to 100,000 square feet.
About SVN
SVN | Denver Commercial an independently owned and operated SVN® office. The SVN® brand is a globally recognized commercial real estate entity united by a shared vision of creating value for clients, colleagues and communities. Currently, SVN comprises over 1,600 advisors and staff working in more than 200 offices across the globe.
SVN is the only major commercial real estate brand that proactively markets all its qualified properties
to the entire brokerage and investment community. SVN Advisors share commission fees with co-operating brokers in order to close more deals in less time and at the right value for clients.
Contact:
Jeff Heine
(303) 937-4492
Jeff.heine@svn.com
