In-N-Out Burger moves closer to 2020 opening

It may not get the beloved California chain’s animal-style burgers into the hands of eager Coloradans any sooner, but In-NOut Burger on Friday officially closed on deals to purchase two properties in northern Colorado Springs, according to real estate services firm CBRE.

The for-now vacant plots of land are in the growing Victory Ridge development about a half mile east of Interstate 25 off of Interquest Parkway.

In-N-Out officials in December said they were planning to build a nearly 100,000square-foot distribution and burger-patty making facility in Victory Ridge and a 150,000-square-foot office building complete with helipad. Those facilities are expected to take up a 21.9-acre parcel at the corner of Interquest and Federal Drive the chain officially bought Friday, according to CBRE. A second parcel, at the corner of Interquest and Voyager Parkway, will be the home of a 4,772-square-foot restaurant, InN-Out’s first in Colorado. Carl Arena, In-NOut’s vice president of real estate and development, expect the facilities to open in the summer of 2020.

The burger brand bought the land from Glendale-based real estate company Westside Investment Partners, which is also in the process of redeveloping the Loretto Heights former Catholic girls school in southwest Denver.

“This is a day that In-N-Out aficionados here in Colorado have been waiting for, and we are ecstatic that In-N-Out chose Victory Ridge to put down roots in Colorado,” Westside principal Andrew Klein said in a news release.

CBRE brokers Patrick Kerscher, Whitney Johnson and Jon Weisiger represented Westside in the deal.

Johnson called the In-N-Out deals, “a testament to both the quality of development envisioned and executed by Westside and also the growing prominence of Colorado Springs as a dynamic, sought-after, thriving city,” in Friday’s release.