Real Estate & Construction  August 15, 2019

Tebo buys Longmont commercial space for $1.65M

LONGMONT  A commercial space on Longmont’s Main Street, currently leased by industrial part supplier Rexel USA Inc., sold earlier this month $1.65 million.

The buyer of the 9,880 square-foot property was Stephen Tebo of Boulder-based Tebo Properties Inc., Boulder County public records show.

The seller was Longmont South Main LLC, an entity registered to the Loveland address of John Ownby Jr. Jason Kruse and Micah Loeb of the Colorado Group Inc. represented the seller.

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“We received a lot of activity on this property and had offers in a short amount of time,” Kruse said in a prepared statement. “There is not a lot of good inventory in the market right now and this is a very attractive location.”

Boulder County property records show the property last sold in 2001 for $300,700.

LONGMONT  A commercial space on Longmont’s Main Street, currently leased by industrial part supplier Rexel USA Inc., sold earlier this month $1.65 million.

The buyer of the 9,880 square-foot property was Stephen Tebo of Boulder-based Tebo Properties Inc., Boulder County public records show.

The seller was Longmont South Main LLC, an entity registered to the Loveland address of John Ownby Jr. Jason Kruse and Micah Loeb of the Colorado Group Inc. represented the seller.

“We received a lot of activity on this property and…

Ken Amundson
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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