Real Estate & Construction  May 6, 2019

Boulder industrial buildings sold to investor for nearly $9M

BOULDER — A five-building industrial site off U.S. Highway 36 just north of Boulder was recently bought by a San Diego commercial real estate firm for $8,972,900.

MCG Foothills LLC, an affiliate of McKinney Capital and Advisory, took over the properties at 6859 and 7173 N. Foothills Highway from Green Hill Investments LLC, Boulder County public records show. Green Hill is managed by Laszlo Bagi.

Commercial properties at 6859 and 7173 N. Foothills Highway in Boulder recently sold for nearly $9 million. Lucas High/BizWest.

Bagi is also an owner of Bagi Mechanical, a Louisville-based commercial plumbing and HVAC contractor that specializes in building cannabis grow operations.

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The industrial site on Foothills Highway, near the McGuckin Distribution Center, is home to several cannabis firms including Lost Creek Ventures Inc. and Ancient Alternatives LLC, according to Colorado Secretary of State filings.

BOULDER — A five-building industrial site off U.S. Highway 36 just north of Boulder was recently bought by a San Diego commercial real estate firm for $8,972,900.

MCG Foothills LLC, an affiliate of McKinney Capital and Advisory, took over the properties at 6859 and 7173 N. Foothills Highway from Green Hill Investments LLC, Boulder County public records show. Green Hill is managed by Laszlo Bagi.

Commercial properties at 6859 and 7173 N. Foothills Highway in Boulder recently sold for nearly $9 million. Lucas High/BizWest.

Bagi is…

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Ken Amundson is managing editor of BizWest. He has lived in Loveland and reported on issues in the region since 1987. Prior to Colorado, he reported and edited for news organizations in Minnesota and Iowa. He's a parent of two and grandparent of four, all of whom make their homes on the Front Range. A news junkie at heart, he also enjoys competitive sports, especially the Rapids.
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