FOR IMMEDIATE RELEASE – AUGUST 14TH, 2019
Sale of 11 S. Main Street in Longmont, Colorado – there was a lot of activity in a very short period of time.
The Colorado Group Inc. represented the seller of 11 S. Main Street, Longmont.
LONGMONT, Colorado (August 14th, 2019) – Jason Kruse and Micah Loeb of the Colorado Group, Inc. represented the seller of 11 S. Main Street which was purchased on August 9, 2019 for $1,650,000. The building is 9,880 square feet industrial building on a 44,020 square foot lot.
“We received a lot of activity on this property and had offers in a short amount of time. There is not a lot of good inventory in the market right now and this is a very attractive location,” said Kruse.
The property is currently leased to Rexel. Rexel USA is an electrical supply distributor providing a wide range of electrical parts and components for electricians and contractors as well as large industrial organizations.
About The Colorado Group, Inc.
The Colorado Group, Inc. offers a scope of services that includes the sale and lease of commercial, industrial and office properties, land acquisition and development, site selection and build-to-suits, property valuation, property management, consulting services, corporate services, and tenant/landlord/buyer/seller representation. With more than 40 years in the commercial real estate business, The Colorado Group, Inc. is based in Boulder Colorado and provides service to the entire front range.