Budweiser owner puts land on market
marmbrister@ncbr.com February 10, 2012
Land for sale – The area in green illustrates the acreage owned by Anheuser Busch InBev. In total, the brewing behemoth has listed 862 acres for sale. The land is zoned for employment or industrial use and is rail-served by the Great Western Railway, something that could serve as an important asset to potential buyers. Source: REALTEC
But first someone has to buy it.
Asking price? Around $46.9 million for all 862 acres. Alternatively, a buyer could snap up a parcel as small as 10 acres at $54,450 per acre.
InBev, which purchased Anheuser-Busch in 2008, listed the land surrounding the Budweiser brewery — near the intersection of I-25 and Monte Vista Drive in Fort Collins — in the summer of 2010 but, so far, no takers have been found.
Anheuser-Busch purchased the land in the early 1980s and constructed its brewery on a portion of the property. Its plant employed approximately 700 in 2010, according to the latest figures available. After Belgium-based InBev acquired Anheuser-Busch, the company began shedding non-beer-producing assets, including its land holdings.
Anhseuser-Busch InBev did not return calls seeking comment.
Dan Eckles, one of the two listing brokers and a partner at Realtec Commercial Real Estate Services, said Yahoo! was among those who have
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