Brokerage Waypoint Real Estate LLC acquired Investors Properties LLC, a commercial property management and maintenance company in Northern Colorado.
According to a company press release, with the acquisition of Investors, which operated 500,000 square feet of commercial space, Waypoint gained 2.7 million square feet under management.
According to a Waypoint press release, Investors founder and principal owner Mark Lockwood will join Waypoint and work from the company’s Fort Collins offices.
“I am thrilled to be part of Waypoint Real Estate and to be able to provide increased support to the properties I currently manage,” the message says. “I see Waypoint continues to grow as a major player in the Northern Colorado commercial real estate market. It will be interesting for me to work with a group of young ambitious people who believe in providing professional services in the field of commercial real estate ”.
The combined company will serve Northern Colorado and Southern Wyoming.
“We are very pleased with this opportunity in a number of areas. First and foremost, Mark Lockwood brings a wealth of experience and knowledge to our company, ”Waypoint Managing Partner Josh Guernsey said in a press release. “We believe that throughout his career he has built a company whose values align well with those of Waypoint. The result is a management portfolio of high quality commercial assets that are great for our business. In addition, Investors Properties’ presence in the Cheyenne market will accelerate Waypoint’s continued growth and service offerings in that market. ”
© LLC “BizWest Media”, 2021