10 / 76
Page 10 —
COLORADO REAL ESTATE JOURNAL
— March 4-March 17, 2015
Boulder County & U.S. 36 Corridor
by Jill Jamieson-Nichols
A pair of Longmont retail
centers recently sold in unre-
lated transactions.
Francis Street Center West, an
approximately 22,000-square-
foot center at 1125-1147 Francis
St., sold for $2.48 million. Red
Diamond Investments LLC,
a Boulder investment group,
purchased the property from
Francis Street Shopping Center
West LLC.
The center was built in 1967
and had a single vacancy of
1,875
sf,
according to
Peter
Sen-
gelmann of
Pinnacle Real
Estate Advi-
sors,
who
represented
the
seller.
Tom Kalinski
of Re/Max of
Boulder rep-
resented the buyer.
Tenants in Francis Street Cen-
ter West include Ziggi’s Coffee,
Las Palmeras Mexican Restau-
rant, Francis Street Liquors, the
Smoothie Factory, a counseling
center and karate studio.
Although it is located in a
tertiary market, Sengelmann
said the center received “a fair
amount of interest.”
“We were working with a
couple of different groups and
ended up going with this one,”
he said.
Also in Longmont, Charles
J. Catania and the William C.
Ross Revocable Trust paid $2.7
million for a multitenant retail
center at 750 Ninth Ave. The
center totals 23,763 sf, accord-
ing to CoStar Group.
Other News
n
VF Outdoor Inc.
leased
8,752 square feet of office space
at 2511 55th St. in Flatiron Park
West in Boulder.
Hunter Barto
of
Dean Cal-
lan & Co.
and
Scott Garel
of
Newmark Grubb Knight
Frank
represented the land-
lord,
Washington Capital.
Steve Billigmeier
of
Cushman
& Wakefield of Colorado
rep-
resented the tenant.
n
A Spice of Life Catering
leased 6,669 sf of space for its
commercial kitchen and tast-
ing room at 2108 55th St. in
Boulder.
Hunter Barto
of
Dean Callan
& Co.
represented the tenant.
n
MH Northern Colorado
LLC,
doing business as Mas-
sage Heights, leased 2,955 sf
of space at North Hover Cen-
tre in Longmont. The tenant
will occupy Suite 100, a former
Blockbuster space.
North Hover Centre is a
19,311-sf multitenant center at
1751 N. Hover St.
Stacey Glenn
of
The Zall
Co.
represented the landlord,
North Hover Centre LLLP.
Cobey Wess
of
Sperry Van
Ness/The Group Commercial
represented the tenant.
The North Hover location
will be Massage Heights’ third
location in Colorado and its
first in Boulder County.
Co-tenants include Super-
cuts, Ziggi’s Coffee and Select
Physical Therapy.
s
Pair of Longmont retail centers trade in unrelated transactionsFrancis Street Center West sold to a group of Boulder investors.
Peter Sengelmann