PetDine-linked LLC sells building it bought in July to ADM
WINDSOR — Diamond Valley Properties LLC sold a 100,000-square foot building to Archer Daniels Midland Co. (NYSE: ADM) for $16.83 million.
Weld County Clerk & Recorder records show the Oct. 7 sale. Diamond Valley was formed by PetDine Properties LLC on May 21. The LLCs share a Fort Collins address with pet food supplement and treats maker PetDine.
Diamond Valley bought the one-year-old industrial building from Five M Enterprises LLC for $17.25 million on July 30. A PetDine spokesman at the time said it always tries to buy the real estate it occupies.
Five M bought a 62,000-square foot building in the…
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