Poudre Bay in partnership with Collective Capital, acquired 2380 W. 27th St. in January, 2022. The property consists of a 7,562 square-foot Flex Retail/Industrial building on 0.92 acres. The Location is in a prime retail area of Greeley, CO along US Highway 34 which is the highest traffic count thoroughfare in the City. The retail exposure and industrial warehouse component make it a unique property that is very difficult to replicate. Greeley, CO is also consistently one of the fastest growing MSA’s in the nation.
Poudre Bay acquired the property vacant and in need of improvements. Poudre Bay has added value by performing building and site improvements, which has led to a long-term lease with a national corporation tenant. The asset is now being held for investment.