Jax closes on Loveland Kmart property for $5M
LOVELAND — Jax Inc. has completed its purchase of the former Kmart location at 2665 W. Eisenhower Blvd. in Loveland and has begun work toward an Aug. 1 opening of the new location.
Jax used subsidiary Jax Loveland West LLC to purchase the property on April 24 for $5 million from AKMS LP, the previous owner. Jax will retain its existing store at 910 E. Eisenhower Blvd. but will convert that store to a farm specialty store, said Jax president Jim Quinlan.
The new store will be “a full-line Jax,” he told BizWest. “We’ll be able…
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