Mcwhinney signs tenants, plans new industrial park
Mcwhinney Real Estate Ser vices, master developer of Centerra, has signed three new tenants for the company’s industrial campus on the northwest end of the complex. The company also will expand its industrial offerings in Centerra with a new building and a new industrial complex.
Mcwhinney said that Geary Pacific Supply, Norco Volleyball Club and an unnamed national home-improvement company have signed agreements.
Gear y is an Anaheim, Calif.-based HVAC supplier with operations in eight Western states. It has five locations in Colorado, including one in Fort Collins.
It will occupy 25,757 square feet in the 123,000-square-foot Building VI, which will be complete in December.
Norco is a regional volleyball club that offers training and competition for youth athletes. As announced in Januar y, it will use 60,000 square feet of space in Building V and plans to begin operations there in early 2021.
Mcwhinney did not name the home-improvement company but said it is a Fortune 100 company that will occupy 72,396 square feet of space in Building VI for a distribution facility.
There are only two national home improvement companies on the
Fortune 100 list: Home Depot and Lowes Cos. That company will begin operations there in March 2021.
During the first quarter of 2021, Mcwhinney plans to break ground on Building VII, the final building of the Centerra Industrial campus, with deliver y slated for the fall, the company said in a press release.
The industrial campus, situated off Kendall Parkway just south of the Northern Colorado Regional Airport, totals 660,000 square feet of industrial space in all.
Industrial-class property has been cited numerous times by Realtors and developers as the brightest spot in the commercial real estate sector, even before the COVID-19 pandemic roiled the commercial markets.
Mcwhinney plans to continue development in that sector with a new industrial park to be located at Crossroads Boulevard and Rocky Mountain Parkway, directly west of the Centerra Motorplex.
The new park on about 50 acres will include seven new buildings ranging in size from 43,000 square feet up to 150,000 square feet on both a speculative and build-to-suit basis.
IRES partners with property rights exchange firm
Information and Real Estate Ser vices, a Loveland-based multiple listing ser vice that operates in Northern Colorado and the Boulder Valley, announced last week a new partnership with Realx Ventures Inc., a company that allows landowners to list information about their property rights and what they’re willing to lease.
Specifically, Realx can help brokers facilitate deals such as connecting landowners with energy companies installing a new solar array or a telecommunications firm looking for a site to build a new cell tower.
IRES members will be able to access the Realx database directly through the MLS.
FORT COLLINS Ron’s Equipment to acquire Keenesburg farm dealership
Farm-equipment dealer Ron’s Equipment Co. Inc. has agreed to acquire
Prospect Implement, based in Keenesburg. The dealwasscheduledto become effective Nov. 1.
Prospect Implement, 33894 Colo. 52, previously had been slated to close, announcing on its website, “Storewide Liquidation Sale. After many years in business, Prospect Implement is closing its doors.”
Butthatnoticewas replaced with a new announcement: “Exciting News! Our doors are still open, and it’s business as usual. Our dealership is being purchased by Ron’s Equipment of Fort Collins, and they will change the name and take over on November 1, 2020.”
The acquisition provides a second location for Ron’s Equipment, which provides equipment and ser vice to the agriculture industry in Colorado and Wyoming.
Ron and Kay Lonneman founded Ron’s Equipment in 1985. The dealership is located at 906 N. U.S. 287 in Fort Collins.
Prospect Implement was founded by Carl Altergott in 1942, with his son, Don, taking over the company in 1992, joined by his son, Tim. Don’s grandsons, Justin and Jared Ewing, eventually became the fourth generation of the family to work at Prospect Implement.
WINDSOR Windsor launches platform to highlight downtown opportunities
The Windsor Downtown Development Authority recently launched Development Push, a web platform that highlights properties that the town views as ripe for development and connects would-be developers with planning and development staffers.
“Ultimately, Windsor has many great assets unmatched in Northern Colorado. Our goal is to find the right partners to help us in translating these exciting opportunities into assets for our community,” DDA executive director Matt Ashby said in a press release.
Featured downtown properties include the Kennedy Chevrolet site on Fourth Street recently purchased by the town.
For more information, visit windsordda.com/ doing-business/prosper.
IN BRIEF
• Vintage City Church purchased a new home in
Fort Collins this month for $4.12 million. The nondenominational church acquired 31,560 square feet of space at 1501 Academy Court near the city’s northeast corner in two separate deals this month. Part of the property was purchased from Life Church.
• Woodward Inc. of Fort Collins won a federal contractawardfor$87,105 from the Defense Logistics Agency in Columbus, Ohio, for electrical and electronic equipment components.
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