MAY 30, 2017
Balfour Pacific Acquires 27 Buildings in Campus at Longmont
Balfour Pacific Capital Inc. (“Balfour Pacific”) is pleased to announce that Balfour Pacific Real Estate IV, LP has acquired 27 warehouse, office and lab buildings in the Campus at Longmont for $69.6 million. The buildings, totaling 870,000 SF, were purchased from Crescent Real Estate. Situated in Longmont, Colorado, northeast of the county seat of Boulder and 33 miles north-northwest of Denver, the property is expected to benefit from the strong fundamentals of the Greater Denver market.
More information on this transaction can be found on page 10 of the August 2017 issue of BizWest (link to issue).
About Balfour Pacific: Balfour Pacific is a Vancouver-based private equity real estate firm focused on value-added investments in the United States. Should you wish to learn more about Balfour Pacific or this transaction, please visit our website, www.balfourpacific.com.