PCDI Closes with Washington Street Commercial Park, LLC on Warehouse Facility

PCDI Properties on East Washington Street

(LAMAR, COLORADO) – Prowers County Development, Inc. (PCDI) has owned and operated the commercial property at 310 East Washington Street in Lamar since it was donated by Big R when they relocated their warehouse facility and corporate offices out of the area. This month, PCDI has sold the property to Washington Street Commercial Park, LLC.

“PCDI is excited to have this property back in private hands. It was never a goal of PCDI to maintain a commercial property. We can now focus on how to utilize the funds from the sale to spur economic development in Prowers County,” said Aaron Leiker, PCDI Vice-President.

At the time of the sale, PCDI did have three tenants using parts of the facility. The contracts for those leases have been transferred to Washington Street Commercial Park, LLC.

Questions about the future of the facility should be directed to Washington Street Commercial Park, LLC.

Contact:     Aaron Leiker, Vice-President,  1301 South Main Street – Suite 103 – Lamar, Colorado 81052 (719) 336-2384 pcdi@procolorado.org

###

Editor’s Note:

The current tenants are the Colorado State Patrol, Arkansas River Power Authority and Colorado Mills. The property was deeded to PCDI in 2010 when Big R moved their corporate offices to the Pueblo area. The PCDI Board of Directors decided to reduce the asking price for the property several months ago after offering the land and warehouses for several years, locally and in regional real estate listings.  The 2.8 acres of land is zoned for industrial use and totals 124,780 square feet featuring nine buildings for heated and cold storage, a shop and garages.