Colorado Real Estate Journal -

Energy group buys Windsor land for $2.49 million

by Jill Jamieson-Nichols


A group affiliated with a Colorado energy company that has operations in Windsor acquired 75.67 acres there for $2.49 million.

Diamond Valley Energy Park purchased the property at 10119 County Road 66, also known as Eastman Park Drive, from Sidney F. Stewart, Jan O. Stewart, Denis Martin and M. Diane Goulet.

Highlands Ranch-based Tekton Energy LLC likely will drill for oil and gas on a small portion (10 acres or less) of the property.

Company President and CEO Jerry Sommer said he is contemplating whether Tekton can use the site as a terminus for oil piped from locations around Windsor in order to cut down on truck traffic through town; however, there are a number of issues to be solved before he ascertains whether that is even possible.

“It’s a benevolent thing. There’s no business case for doing this,” he commented.

Dan Leuschen of Sperry Van Ness/The Group Commercial represented the sellers in the cash transaction. Ryan Bach of Re/ Max Eagle Rock represented the buyer.

Other News

Madwire Media leased 5,563 square feet of recently renovated space at the Rialto Theater Center, 222 E. Fourth St., Suite 301, in downtown Loveland. The company will occupy the third floor of the building, which is next to the historic theater. Joe Palieri of Realtec Commercial Real Estate Services represented the tenant. Josh Guernsey and Mike Lindeman of Brinkman Partners LLC represented the landlord, Rialto Bridge LLC, in the fiveyear lease.

Pizza Ranch RE1 LLC and Iowa LLC purchased a 1,361-sf restaurant at 3423 and 3451 Mountain Lion Drive in Loveland for $561,401 cash. The property was expanded to accommodate additional parking and will house a new Pizza Ranch restaurant. Craig C. Hau of Sperry Van Ness/The Group Commercial represented the buyer. Ross Carpenter of NewMark Merrill Mountain States was the listing broker.

First American Title Insurance leased 5,992 sf of office space at 2950 E. Harmony Road, Suite 399, in Fort Collins. Casa Grande Capital is the landlord. Peter Kast of Realtec Commercial Real Estate Services was the listing broker. Mike Noon of Noon & Co. represented the tenant.

MMLOC LLC paid $275,000 cash for 4,181 sf of office/industrial space at 1375 and 1383 S. Garfield Ave. in Loveland. The buyer is in the engineering business. Randy Marshall of Sperry Van Ness/The Group Commercial handled the transaction.