1440 N 7^th Ave was acquired in May, 2023.  The property consists of a 10,610 SF industrial building on a 43,124 SF lot. The Property is in Greeley, CO along the major industrial corridor of US Highway 85.  Greeley is well positioned as it is the largest city in Weld County, which is the major industrial, agricultural, and oil and gas County in Colorado, which drives industrial real estate demand.  The Greeley, CO MSA is also consistently one of the fastest growing MSA’s in the nation and is the fastest growing MSA in Colorado.

Poudre Bay acquired the property vacant.  Poudre Bay added value by immediately leasing the vacant building to an industrial tenant on a long-term lease.  The asset is now being held for investment.