LOVELAND, COLO. — Roaring Fork Real Estate has completed the sale of a warehouse cold storage building located at 7311 E. Highway 34 in Loveland. WS Properties Loveland acquired the asset for $6 million.
Situated on four acres, the 31,612-square-foot facility features more than 20,000 square feet of cold storage and dry storage. The asset also includes a shipping/receiving area, locker rooms and office space. The buyer plans to convert the single-tenant facility property into a third-party logistics facility. The existing tenant, Canyon Bakehouse, is scheduled to vacate the premises in June.
Jared Goodman of Cushman & Wakefield represented the seller in the transaction.