Sale of Albertsons Former Regional Office Building in Aurora, CO
DENVER, CO October 20, 2014 – Lee & Associates is pleased to announce that Ron Webert represented Albertsons LLC in the disposition of their former regional headquarters building in Aurora, CO. The property consisted of an 11,414 SF office building and 2 additional land sites located at the intersection of Tower Road and Interstate 70.
Albertsons sold the property to 2780 North Tower Road, LLC, which is an entity formed by Steven Roberts Original Desserts, a Denver based baking company. Steven Roberts purchased Albertsons 386,000 SF distribution facility back in December 2012, which is adjacent to this property. “While we have been marketing the office building and land sites since early 2013, it wasn’t until this summer when Steven Roberts appeared to have significant interest. The two land sites and office building are located at the entrance to their distribution center, and it makes sense for them to control this ground as well. They have immediate plans for the office building and will hold the land for future needs” said Webert.