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Family investment group pays $2.2 million for Windsor bldg.

The building at 655 Academy Court is leased to two tenants.

A Northern Colorado family investment group bought a fully leased Windsor industrial property for $2.2 million.

Marty Farms LLC bought the 14,033-square-foot building on 1.19 acres at 655 Academy Court from HDE LLC, a real estate holding company for general contractor BH Inc. HDE subsequently signed a five-year master lease for the property and leased 3,800 in the building to an existing tenant, FusionFIT, said Jerry Chilson of SVN/Denver Commercial’s Northern Colorado division.

“It was a nice, smooth transaction,” said Chilson, who represented the seller.

The building was constructed in 2001 and sits on 1.19 acres with a fully fenced yard and 30,000 sf of exterior storage.

Featured in CREJ’s July 17-Aug. 6, 2019, issue

Kris Oppermann Stern is publisher and editor of Building Dialogue, a Colorado Real Estate Journal publication, and editor of CREJ's construction, design, and engineering section, including news and bylined articles. Building Dialogue is a quarterly, four-color magazine that caters specifically to the AEC industry, including features on projects and people, as well as covering trends…