Seagate sells Longmont facility for $101M, leases it back
LONGMONT — Conscience Bay Co., with headquarters at 929 Pearl St. in Boulder, has purchased the Seagate Technologies LLC property in Longmont for $101.5 million.
Seagate, which operates a 529,437-square-foot research and production facility on 40.51 acres at 389 Disc Drive near the intersection of Nelson Road and North 75th Street in west Longmont, will lease back the property for 10 years. The deal was recorded June 28.
Conscience Bay formed two companies, Sag Harbor LLC and Sag Harbor Dirt LLC, to conduct the transaction, according to Boulder County property records. Sag Harbor LLC bought the main facility for $99.5 million. Sag…
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