Real Estate & Construction  March 12, 2010

Parking space makes the deals go ’round

FORT COLLINS – An urgent need for additional parking at the Institute of Business and Medical Careers paved the way for a new location for the Carousel Dinner Theatre.

In early March, the seemingly unrelated businesses closed on a series of transactions in which the dinner theater will take control of the long-vacant Mann Theater at 3750 S. Mason St., while IBMC will pick up an additional 150 parking spots on the south side of the building. The entire property was purchased from a Denver car dealer for $1.1 million, then split into a $700,000 building and $400,000…

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