Bancroft Capital has former StorageTek campus under contract

LOUISVILLE – California-based real estate investment firm Bancroft Capital has the 432-acre former StorageTek/Sun Microsystems campus in Louisville under contract for about $50 million.

Doug McDonald, a principal at Bancroft in charge of acquisitions, told the Colorado Real Estate Journal that if the deal goes through his firm will pitch the site, through the Denver Metro Economic Development Corp., as a location for Amazon.com Inc.’s second headquarters in North America.

The property in Louisville was owned by Storage Technology Corp. and Sun Microsystems Inc. before being sold to ConocoPhillips (NYSE: COP) in 2008 for $55.6 million,…