Northstar Seals Industrial Deal in Colorado
Northstar Commercial Partners is expanding its industrial portfolio.
By Ioana Neamt, Associate Editor
800 Hoyt St, Broomfield, Colo.
Northstar Commercial Partners is expanding its industrial portfolio. The Denver-based real estate investment company recently acquired a vacant, 120,000-square-foot industrial warehouse building in Broomfield, Colo.
Northstar plans to upgrade the neglected site and develop two new state-of-the-art industrial buildings totaling roughly 350,000 square feet of space. Located at 800 Hoyt St. in the heart of the main Denver/Boulder corridor, the 20-acre property is expected to attract businesses to the area, create jobs for local residents, and make a positive contribution to the community.
“800 Hoyt is an exciting purchase for so many reasons,” said Brian Watson, founder & CEO of Northstar Commercial Partners in a statement. “With this piece of property in Broomfield, we are able to come alongside the City of Broomfield and be utilized as a resource to initiate positive change.”
Image courtesy of IRG Investors LLC
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