316 acres at Northland Business Park, an industrial park located just off US-85 in Fort Lupton, Colorado, has been sold to KCP Northland I, LLC for an undisclosed amount.
The property includes 103 acres of shovel-ready land across 15 separate parcels zoned for a variety of commercial (C-1 and C-2) and industrial (I-1 and I-2) uses, including outdoor storage. All the necessary infrastructure is already in place for these lots, which will be marketed immediately for sale.
KCP Northland II, LLC purchased an additional 214 acres that will be entitled and subdivided to create more parcels for future industrial and commercial development. These additional parcels will be held for development.
KCP Northland I, LLC and KCP Northland II, LLC are entities of Kent Circle Partners, Scottsdale, Arizona. Kent Circle Partners is the parent company of North Parker Investments, LLC, the owner of Anthology North and Tanterra in Parker, a 1,100-acre mixed-use master-planned community featuring 250 acres of commercial parcels and 3,300 homes.
The transaction was brokered by Patrick Henry, Boston Weir, and Daniel Allen of Henry Group Real Estate, representing the buyer. Tom Myers and Jake Cook of Ringsby Realty Corporation represented the sellers, A.L.E Partnership and Land 5 Investments LLC.
“This acquisition represents a strategic investment in the continued growth and economic development of the Fort Lupton community,” said Boston Weir, principal broker at Henry Group Real Estate. “Northland Business Park’s prime location, flexible zoning, and infrastructure ready status make it an attractive option for businesses looking to establish or expand their operations in Colorado.”