Search
 

JV Picks up Colorado Springs Acreage for $13 Mil.

Nor'wod Development, Bethesda Management close one the largest local land sales this year.

By John Rebchook | Updated on July 28, 2000

DENVER—Nor’wod Development Group and Bethesda Management Group, two Colorado Springs development companies, have formed a joint venture that paid $13 million for 130 acres in Northern Colorado Springs in the InterQuest business park.

It was one of the largest land deals in the Springs this year, says Bill Schuck, developer of the 400-acre InterQuest, which is located across Interstate 25 from the US Air Force Academy. The Schuck Corp., also based in Colorado Springs, sold the land, which will be developed and marketed by Nor’wood and Bethesda. InterQuest tenants include Quantum Corp., Mitsui, Lockheed Martin, 3M, Ford Microelectronics and First Banks of Colorado.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.