Lansing Cos Acquires Entitled Residential Sites Near Denver

BRIGHTON, CO-Lansing Companies, based in San Diego, has successfully closed on another property with Lehman Brothers. This purchase represents the fifth acquisition by Lansing of a former Lehman asset in less than 12 months.

This particular purchase involved 14 acres fully-entitled for 175 townhouse units located in a master planned development. Lansing plans to develop the site over the next couple of years as demand dictates. The property in Brighton, northeast of Denver, is the second purchase by Lansing in the Centennial State; earlier last year, Lansing acquired a master plan called Legacy Park in Dacono, CO, furthering the aggressive expansion plans of the company.