Updated Sep 1, 2026
ZS Capital Partners Acquires Development Site In Fort Collins For $42 Million From Ogilvie Partners
$42,000,000
$185/SF
Building Size
226,000 SF
Asset Type
Development Site
Closing
Aug 28, 2026
About this deal
AI
The property involved in this transaction is a development site located on South Timberline Road in Fort Collins, CO. It encompasses a total of 226,000 square feet and has been sold for a transaction amount of $42 million, which equates to a price per square foot of $186.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $42,000,000
- Sale Date: 08/28/2026
- Address: South Timberline Road
- Market: Fort Collins, CO
- Square Footage: 226,000
- Price Per Square Foot: $186
- Buyer: ZS Capital Partners
- Seller: Ogilvie Partners
- Brokers: Jeremy Ballenger, Tyler Carner, Patrick Devereaux, James Brady & Campbell Davis - CBRE
The transaction was facilitated by a team of brokers from CBRE, which includes Jeremy Ballenger, Tyler Carner, Patrick Devereaux, James Brady, and Campbell Davis, representing both the buyer and seller in this significant development site deal.
Players
Market Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.38%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93