Intel strikes industrial deal in Colorado

Buys space for its creative unit

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Binswanger negotiated the recent sale of a 200,000-square-foot industrial facility in Fort Collins, Colo. The sale price was $13 million. The property, situated on 30 acres at 4701 Technology Parkway, features 36-foot ceiling heights and 49,386 square feet of office space. The seller, Toronto-based Celestica Inc., is an electronics manufacturing services company. Celestica sold the Fort Collins facility as part of an effort to consolidate its manufacturing operations. The buyer, Intel Corp., is a producer of semiconductors and manufacturer of computer, networking, and communications products. Intel plans to relocate its design-center team to the new facility. Philadelphia-based Binswanger is an international, full-service real estate organization with more than 160 offices worldwide. *** What's your opinion? Send your Letter to the Editor to opinion@inman.com....