Passco Buys Land in Louisville

(From an Article in the Denver Business Journal, Sept. 3, 2008) A California company has purchased a 20-acre site within the Colorado Technology Center in Louisville for $3.8 million and plans to construct a series of office buildings there. The site includes two approved planned unit developments, or PUDs. Passco Companies Development LLC said it expects to break ground this fall on the first phase of development, an 84,000-square-foot building called One Technology Center. The company will have space available for lease from 20,000 to 84,000 square feet. Phase two will be Two Technology Center, a 104,000-square-foot building. The third phase will be two 40,000-square-foot multi-tenant office or flex properties.