Denver International Airport staff mow grass near the runways. The undeveloped land that Microsoft purchased is south of the airport. (Courtesy of Denver International Airport)
Microsoft has purchased a massive chunk of land south of Denver International Airport.
The Washington-based tech company paid $63.5 million this week for just shy of 260 undeveloped acres in Adams County, according to a deed recorded by the county Tuesday. That’s about $244,000 per acre.
The property was sold by DIBC 56th and E-470 LLC, an entity affiliated with Denver-based development firm L.C. Fulenwider Inc.
That entity owns a site northeast of the E-470/56th Avenue interchange in Aurora, according to Adams County records.
L.C. Fulenwider President Ferd Benz declined to comment on the sale. Microsoft didn’t immediately respond to a request for comment.
Soda giant Pepsi is under contract to buy 148 acres near the airport from Glendale-based Westside Investment Partners, according to materials the company submitted to the city of Denver last year.
Pepsi plans to build a roughly 1.1-million-square-foot production facility on the property, which would replace its existing one at the corner of 38th and Brighton in RiNo.
Denver International Airport staff mow grass near the runways. The undeveloped land that Microsoft purchased is south of the airport. (Courtesy of Denver International Airport)
Microsoft has purchased a massive chunk of land south of Denver International Airport.
The Washington-based tech company paid $63.5 million this week for just shy of 260 undeveloped acres in Adams County, according to a deed recorded by the county Tuesday. That’s about $244,000 per acre.
The property was sold by DIBC 56th and E-470 LLC, an entity affiliated with Denver-based development firm L.C. Fulenwider Inc.
That entity owns a site northeast of the E-470/56th Avenue interchange in Aurora, according to Adams County records.
L.C. Fulenwider President Ferd Benz declined to comment on the sale. Microsoft didn’t immediately respond to a request for comment.
Soda giant Pepsi is under contract to buy 148 acres near the airport from Glendale-based Westside Investment Partners, according to materials the company submitted to the city of Denver last year.
Pepsi plans to build a roughly 1.1-million-square-foot production facility on the property, which would replace its existing one at the corner of 38th and Brighton in RiNo.
