Ogilvie Partners Secures $27.3M Loan For Acquisition Of Prospect Innovation Campus In Fort Collins CO

The asset involved in the transaction is the Prospect Innovation Campus, an industrial property located at 2330 East Prospect Road in Fort Collins, CO. This flex/R&D portfolio consists of 11 buildings totaling 226,461 square feet. The acquisition was financed with a loan amounting to $27,300,000 from Ogilvie Partners, with an overall transaction value of $42,000,000.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $42,000,000
• Loan Amount: $27,300,000
• Loan Type: Acquisition
• Market: Fort Collins, CO
• Lender: Ogilvie Partners
• Brokers: Peter Keepper & Summer McSwain - Bellwether Enterprise (BWE)

In this transaction, BWE facilitated the financing by securing a loan from a life insurance company dedicated to supporting the acquisition of the property. Peter Keepper and Summer McSwain represented the buyer in this deal, providing essential brokerage services to complete the transaction.