In Brief:
- BWE secures $27.3 million loan for Fort Collins portfolio
- Prospect Innovation Campus is 226,461 square feet and 91% leased
- ZS Capital Partners led by Derek Conn and Spencer Pariser acquired property
- Loan arranged by Peter Keepper and Summer McSwain with life insurance company
BWE has secured $27.3 million in financing to acquire Prospect Innovation Campus, an 11-building light industrial, flex and research and development portfolio in Fort Collins.
Denver-based ZS Capital Partners, led by Derek Conn and Spencer Pariser, acquired the 226,461-square-foot property.
Peter Keepper, senior vice president, and Summer McSwain, transaction manager, in BWE’s Denver office arranged the fixed-rate loan through a life insurance company. The loan includes interest-only payments for most of its term and prepayment flexibility…