August 5-August 18, 2015 —
COLORADO REAL ESTATE JOURNAL
— Page 13
Larimer & Weld Counties
by Jill Jamieson-Nichols
A Fort Collins investment
group bought an entire block of
commercial property on North
College Avenue for $5.38 million.
“This is unusual to have a full
city
block
fronting Col-
lege Avenue
ava i l ab l e , ”
said
Josh
Guernsey of
200 N. College
LLC, a group
that includes
principals of
B r i n k m a n
Partners and
other investors.
“WithOldTownpushingnorth,
we see great future opportunities
there. Our plan is to take our time
and come up with a great plan
that’s likely going to be some
combination of repositioning and
repurposing some of the existing
buildings, and development.”
Located at 200 N. College Ave.
in Fort Collins, the property
includes approximately 31,000
square feet of existing buildings
leased to Compass Cider, Cop-
perMuse Distillery, Pateros Creek
Brewing Co., Dynamik Ceramix,
EZ Pawn and other tenants. The
buildings are 85 percent occupied.
The property at 200 N. College houses a distillery, brewery and other
businesses.
Josh Guernsey
by Jill Jamieson-Nichols
Bass Pro Shops has abandoned
plans to build a 117,000-square-
foot store at Centerra inLoveland.
A statement released by
McWhinney, Centerra’s develop-
er, said Bass Pro Shops decided
not to pursue construction at this
time “due to several unforeseen
changes.” A Bass Pro spokes-
woman declined to elaborate.
Bass Pro reportedly plans to sell
the 15-acre site at the northeast
corner of Interstate 25 and U.S.
Highway 34 back to McWhinney.
Sporting goods retailer Scheels
announced in early June it would
build a 250,000-sf “Scheels Retail
Shopping Adventure,” showcas-
ing Colorado’s largest selection
of sporting goods, fashion and
footwear, at I-25 and Highway 34
in Johnstown. The store is sched-
uled to break ground early next
year and open in September 2017.
Other News
n
The former
Forney Industries
property in Fort Collins, which
had been on themarket for several
years, sold for $2.38 million.
Salud Health Centers LLC
purchased the property, which
includes a 42,091-square-foot
office/warehouse, 39,486-sf ware-
house and 12,257-sf warehouse
on approximately 20 acres.
Forney moved out of the build-
ing after acquiring a new head-
quarters office building at 2057
Vermont Drive in Fort Collins in
January.
Matt Patyk
of
CBRE, Nate
Heckel
of
DTZ
and
Dan Eckles
of
Commercial Real Estate Brokers
