Colorado Springs, CO – SVN | Denver Commercial is pleased to announce the sale of 1820 Jet Stream Drive in Colorado Springs. The 50,275 sq. ft. industrial property was purchased for $9,000,000.
Troy Meyer and Kevin Matthews with SVN | Denver Commercial represented the Buyer, 1820 Jet Stream LLC. John Rodgers with Peak Commercial represented the seller, Biblica Inc..
“We would like to congratulate 1820 Jet Stream LLC on their acquisition of this class A facility for the expansion of Roth Industries,” said Kevin Matthews. Roth Industries is a prepared foods company specializing in manufacturing, distributing, selling, and marketing fresh prepared foods. “We appreciated the opportunity to work with the Roth team to facilitate this transaction and are looking forward to watching the growth and success of their business.”
About Meyer/Matthews Team
The Meyer/Matthews Team specializes in the sale of retail, office, and medical properties along the Front Range, and STNL assets nationwide. With more than 40 years of combined experience, they have secured numerous transactions valued at more than $1 billion. The team has sold 10 Colorado Investment properties in the last several months and 25 since the beginning of 2020.