DENVER—Scott's Liquid Gold Inc. has sold its 16.32-acre campus at 4880 Havana St., Denver, for $9.5 million.
The company plans to stay at the location, according to a report in the Denver Business Journal.
The four-building campus, which has an office building, a manufacturing/warehouse building and parking garage, sold Friday to a newly formed company controlled by Andrew Feinstein of Exdo Management, doing business as Havana Gold LLC, the Journal reported. The deal included 5.5 acres of adjacent vacant land. It was part of a 1031 Exchange, which is when a business can trade land or assets without incurring taxes on sale proceeds.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
