January 5, 2012

Warehouse in CTC sells for $1.4 million

LOUISVILLE – A 24,560-square-foot industrial space at 1501 S. Arthur Ave. in the Colorado Technology Center in Louisville has sold for $1.4 million, according to Boulder County property records.

The warehouse was purchased by Arapahoe Land and Investment Co. LLC from Warembourg Colorado Ranches LLC. The seller paid $2.195 million for the property in 2000, according to property records.

Eric Rutherford and Tom Hill of Wright Kingdom Real Estate represented both the buyer and seller.

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The new owner intends to use the building for roofing supply distribution and storage, Rutherford said.

LOUISVILLE – A 24,560-square-foot industrial space at 1501 S. Arthur Ave. in the Colorado Technology Center in Louisville has sold for $1.4 million, according to Boulder County property records.

The warehouse was purchased by Arapahoe Land and Investment Co. LLC from Warembourg Colorado Ranches LLC. The seller paid $2.195 million for the property in 2000, according to property records.

Eric Rutherford and Tom Hill of Wright Kingdom Real Estate represented both the buyer and seller.

The new owner intends to use the building for roofing supply distribution and storage, Rutherford said.

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