Anheuser Busch sells Loveland distribution center for $7.76M

LOVELAND — The American Eagle Distributing warehouse in Loveland has sold as part of Anheuser Busch Inbev NV (NYSE: BUD) selling off its Colorado distribution arm to a Georgia company.

The 664,026-square-foot property was sold to a subsidiary of Eagle Rock Distributing Co. for $7.76 million in a deal that was recorded Dec. 4, according to Larimer County property records. That amounts to a 42% decline in what A-B purchased the property for in 2015 when it first acquired American Eagle, and a $731,219 discount from what county officials last valued the property.

A-B first announced…