LOVELAND and WINDSOR – The owners of industrial buildings in Loveland and Windsor have traded those assets in a $19.4 million transaction brokered by Cushman & Wakefield.
The properties involved are an approximately 100,000-square-foot Class A industrial facility at 31815 Great Western Drive in Windsor and a newly built 20,500-square-foot industrial building at 3505 Draft Horse Court in Loveland.
The properties traded directly between the owners of each asset, with Schlosser Signs Inc., an owner and user, selling the Draft Horse property to an investor known as “Bar S U” for $5.2 million. In return, Schlosser received the Great Western building from Bar S U for $14.2 million.
“Bar S U” is registered by the Colorado Secretary of State to Wayne E. Schmeeckle. Fort Morgan-based Schmeeckle Brothers Construction Co., bought the building in late August for $10.2 million,
A pair of brokers from Cushman & Wakefield (NYSE: CWK) guided the parties through the acquisition and disposition transactions. Jason Ells represented the Schlosser team, and Cole Herk represented Bar S U. Neither property had been actively marketed for sale prior to the exchange. Herk also previously represented Bar S U on its original purchase of 31815 Great Western last year.
“Each of these modern properties provided a unique and ideal opportunity for both parties within a desired niche of the industrial market,” Ells said in a prepared statement. He added that the Draft Horse property was opened in 2023, calling it a “best-in-class production facility in a prime location near Interstate 25 and Crossroads Boulevard. He described the Great Western building as “one of only a handful of large-format, high-bay industrial facilities sized at 100,000 square feet or larger in our region able to accommodate the tremendous growth that Schlosser is experiencing and will continue to experience in the coming years.”
Schlosser’s chief operating officer, Jesse Simmons, told BizWest last week that the company would start moving into the building, located near the former Eastman Kodak Co. and Carestream facilities, and that the company should be completely relocated by the first week of June.
The building for years had been home to Hexcel Corp. (NYSE: HXL), which was a supplier to nearby Vestas Wind Systems, but Hexcel shut down in Windsor in 2020. The company sold the property to Microvast Holdings Inc. (Nasdaq: MVST) in 2023, but not even a year into the new venture, leadership of Microvast pulled out.
Homegrown in Colorado for more than 25 years, Schlosser Signs began as a family dream in a garage and has grown with more than 50 employees.
“The individual goals of each of our clients were perfectly aligned for this exchange of properties,” Herk said. “Given my history with the Schmeeckles and Bar S U, I was able to see a great opportunity to help them execute on the disposition of 31815 Great Western ahead of schedule and then to add another valuable piece of North Colorado real estate to their portfolio.”
The Draft Horse building is 1.5 miles from the Promenade at Centerra shopping center. It features radiant heat, natural lighting, a 14-foot overhead door, 20- to 24-foot’ clear height, an open floor plan and outside storage.
This article was first published by BizWest, an independent news organization, and is published under a license agreement. © 2025 BizWest Media LLC. You can view the original here: Owners swap industrial buildings in $19.4M deal
Read More Details
Finally We wish PressBee provided you with enough information of ( Owners swap industrial buildings in $19.4M deal )
Also on site :
- Inter Edge Barcelona 4-3 in Thrilling Clash, Barça Crash Out
- Game 2 recap: Cavaliers vs Pacers 120-119
- Borders on Fire: India Strikes, Pakistan Condemns ‘Act of War