Real Estate & Construction  July 31, 2018

McWhinney pays $4.55M for building in Fort Collins

FORT COLLINS — McWhinney Real Estate Services Inc. has purchased a standalone office building in Fort Collins for $4.55 million.

McWhinney, a real estate investor and developer with offices in Loveland and Denver, bought the two-story, 36,450-square-foot building at 3351 Eastbrook Drive from Vaiday Co Holdings LLC, formerly known as TGS Colorado Holdings LLC, based in Wooster, Ohio. TGS Colorado paid $3.3 million for the building in 2006, according to public records.

CBRE’s Mike Eyer and Julius Tabert represented the seller. Eyer said that with construction costs continuing to increase, more investors are seeking out existing…

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