Lee & Associates Represents Seller in Ballpark Redevelopment
News From: Lee & Associates Denver
Lee & Associates represents Seller in Ballpark redevelopment site
Ron Webert – Lee & Associates
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DENVER, CO January 20, 2015 – Lee & Associates is pleased to announce that Ron Webert and John Bitzer represented A.R. Wilfley & Sons in the sale of a redevelopment site in Denver, CO. The property, located just 6 blocks from Coors Field in downtown Denver, comprised of an industrial building sitting on ½ of a city block. The buyer was T.O.D. Properties.
A.R. Wilfley & Sons are moving their manufacturing operations out of their downtown location, a site that they have occupied for almost 90 years. “With all the development occurring downtown the interest level for the site was very high. T.O.D. Properties made an early offer and were very persistent in getting the property under contract” said Webert. “As far as land/redevelopment deals go, this one went very smooth. T.O.D. was a pleasure to work with throughout the entire process”
T.O.D. Properties is a local development and investment firm specializing in properties located in close proximity to light rail stations and transportation nodes. “I am very bullish on the River North and Ballparks areas due to their proximity to LoDo and the 38th and Blake Station on the East Line. I am always looking for properties in high quality locations, so when this property became available I jumped at the chance” explained Scott Watkins, principal at T.O.D. “I expect the area to continue to be very dynamic in the years ahead. Lee and Associates and the folks at A.R. Wilfley and Sons were great to work with and made the quick closing that much easier.”