Johnstown, CO  June 15, 2022   SVN | Denver Commercial is pleased to announce the sale of Gateway Center Lot 1 in Johnstown, CO. The 1.9  acre lot of Land was sold for $555,000.

Steve Kawulok with SVN | Denver Commercial and Steve Griffith with Griffith Realty Advisors represented the sellers, Mark S. Rapaport as Trustee of Clark Survivor’s Trust, Joy Oberholtzer, Jessica Clark Villano, and Tracy Oberholtzer Grant. The Buyer, Lockard Development Group Inc., represented himself. 

The longtime neighboring tenant bought the property in order to build their own facility to better suit their business needs. The buyer has internal project management capacity and expedited due diligence in order to start their building project as soon as possible.