ByAdmin|JUN 13, 2018|Local Real Estate

Investment group pays $68.5M for commercial building in Longmont

LONGMONT — A half-million-square-foot commercial building in Longmont has been acquired by an investment group for $68.5 million.

The 552,865-square-foot building at 1601 Dry Creek Drive in the Boulder County Business Center was acquired by Boulder Acquisitions LLC, which used an address in New Jersey to make the purchase, according to public records. During May and June we celebrate the fastest growing private companies in Northern Colorado and the Boulder Valley with BizWest Media’s Mercury 100 Awards.

Companies that may be looking for a spot on this coveted list may benefit from asking themselves a few questions while striving for or managing substantial growth within their business.

The group acquired the building from EQC Operating Trust, the real estate investment trust of Chicago-based Equity Commonwealth.

The building’s primary tenant is West Safety Services Inc., which handles 911 calls. It is a division of Nebraska-based West Corp. (Nasdaq: WSTC). West Corp.’s presence in Longmont came about when it acquired Intrado Inc. for $465 million in 2006 and renamed it West Safety Services Inc.

Read More

Stay Updated

Please sign up for our emails and latest newsletters.

1048 Pearl Street, Suite 440
Boulder, Colorado 80302
303.447.2700 phone
303.447.1150 fax

A portion of proceeds proudly donated to the Wounded Warrior Project

© Copyright 2020 Keys Commerical Real Estate, LLC