Poudre Bay acquires Evans industrial portfolio

WINDSOR — Poudre Bay Inc. has acquired an industrial portfolio in Evans for $5.475 million, according to a news release.

 The properties, at 3309 Empire Street and 3351 Empire Street, are multi-tenant and consist of two industrial zoned buildings with fenced, secured yard space.  The 3309 Empire Street lot is 31,275-square-foot building and 3351 Empire Street property is 9,000 square feet. 

Dairy Specialists, which is a subsidiary of Omaha, Nebraska-based Standard Nutrition Company, is the anchor tenant and has entered into a long-term lease. Accurate Fab and Finish is the other tenant in the portfolio.

“We are thrilled to be working with Dairy Specialists and Accurate Fab and Finish as valued tenants,” said Brian Smerud, principal at Poudre Bay, said in the release.  “The properties are high quality industrial assets that have strong primary employment tenants in place, and we look forward to operating these assets for the long term.”

Based in Windsor, Poudre Bay focuses on investment, development, and redevelopment of commercial real estate assets along the Front Range and Wyoming, according to its website. The company also is developing a 292-acre property in west Greeley called Poudre Heights, and owns other commercial and industrial properties in northern Colorado.

Share on Facebook on LinkedIn