Commercial real estate firm announces sale of buildings

Bray Commercial has announced the sales of industrial and office buildings in Grand Junction in separate transactions totaling nearly $5 million.

Theresa Englbrecht represented the seller and buyer of a nearly 35,000 square-foot industrial building at 2233 Sanford Drive. The seller sold the building for $2.5 million and leased back most of the space from the buyer, a local investor.

Sid Squirrell represented the seller and buyer of an 11,000 square-foot office building at 2738 Crossroads Blvd. The building was sold to an out-of-state investor for $2.4 million. The U.S. Department of Agriculture remains a tenant in the building and renewed its lease for another nine years.

Chris Thompson of Bray Property Management was retained as property manager.

Bray Commercial operates offices at 244 N. Seventh St. For more information, call 241-2909.

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Posted by on Apr 10 2018. Filed under Business Briefs. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.

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