Poudre Bay acquired 3309 and 3351 Empire St. in October, 2025. The property consists of two parcels, one with a 31,275 SF industrial building and the other with a 9,000 SF industrial building. Both properties have fenced, secured outside yard, the total land size is 8.45 acres. The Property is in Evans, CO along the major industrial corridor of US Highway 85. Evans is a suburb of Greeley. Greeley/Evans is well positioned as it is the largest city in Weld County, which is the major industrial, agricultural, and oil and gas County in Colorado, which drives industrial real estate demand. The Greeley, CO MSA is also consistently one of the fastest growing MSA’s in the nation and is the fastest growing MSA in Colorado.
Poudre Bay acquired the property fully leased, but with short-term leases in place. Poudre Bay added value by entering into long-term leases with the existing tenants. The asset is now being held for investment.