Real Estate & Construction  December 29, 2015

Spanos Corp. buys land in Interlocken for apartments, townhomes

BROOMFIELD — Spanos Corp. has paid $7 million for 11 acres of vacant land in the Interlocken Advanced Technology Environment, a business park in Broomfield, where it plans to build apartments and townhomes.

Spanos Corp., a subsidiary of Stockton, Calif.-based A.G. Spanos Cos., bought the land from JP Colorado Land LLLP, according to public records.

The vacant land is at the northwest corner of Interlocken and Eldorado boulevards within the 963-acre park.

The Broomfield city council in October approved plans for the Eldorado Apartments at Interlocken — a 311-unit multifamily residential development on 11.02 acres.

Lex Economou, executive vice president for Spanos Corp., said…

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