United Properties closes on site for 3-building industrial project
JOHNSTOWN — United Properties Development LLC has closed on the purchase of 16.76 acres of land in the 2534 commercial development in Johnstown and will build a three-building flexible industrial space totaling 280,323 square feet.
The Gerrard Family Limited Partnership LLLP sold the property. Transaction brokers were Jake Hallauer and Ryan Schaefer of NAI Affinity. Purchase price was $3.65 million.
United Properties previously disclosed its plans for the property during BizWest’s Northern Colorado Real Estate Summit. It plans a three-building, Class A industrial development that will be known as Trade@2534. Two of the buildings will be front-park/rear-load designs, and the third…
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