Hospitality & Tourism  September 2, 2016

Chernoff adds Plaza Convention Center to Longmont holdings

LONGMONT — Chernoff Boulder Properties, just months after buying three commercial buildings on Industrial Circle in Longmont, this week closed on the purchase of the adjacent Plaza Convention Center.

Boulder-based Chernoff paid Pratt Management Co., $3,062,500 for the property at 1850 Industrial Circle.

Entrepreneur Seth Chernoff, who leads Chernoff Boulder Properties, said Friday that Pratt Management signed a leaseback deal for an unspecified period of time and will continue to manage the 37,000-square-foot building as a convention center.

Chernoff said 35,000 people visit the site for events each year, but that the property is in need…

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