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IKEA ends speculation – closes on Broomfield property

Broomfield County

Property Location: NWC Interstate 25 & Colorado Highway 7 (Baseline Road), Broomfield

Property Description: Vacant land

Land Size: 109.45 acres

Sales Price: $11.25M, or $2.36 per sf

Reception No.: 2016011230

Closing Date: 8/24

Grantor: Northlands Colorado LLC , David J. Goldberg, mgr., 303-799-6300

Grantee: IKEA Property Inc., Lars Petersson, pres., 420 Alan Wood Road, Conshohocken , PA 19428

Comments: Lot 1-17, Tract E. Northlands Filing No. 1. 2007003088. The 17 lots are platted and include 90.34 acres, while Tract E contains 6.18 acres, for a total of 96.52 acres that was conveyed from the grantor to IKEA. Old plat was vacated as per Ordinance No. 2028. The new legal is Lot 1, Northlands Filing No. 1 Final Plat and can be view via Reception No. 2016011233, Broomfield County Clerk and Recorder.

Comp of the Day is provided by John V. Winslow, president of Winslow Property Consultants. Winslow has more than 40 years’ experience in commercial real estate. He can be reached at 720-612-7878 or Colprop2012@gmail.com.