Saturday, November 26, 2011

ACE real estate deal to close in mid-Dec. in Loveland


According to Timescall.com
"LOVELAND -- Prospective buyers of the Agilent Technologies Inc. campus in Loveland said Monday  (11-21-2011) they hope to close on the deal in mid-December, weeks ahead of a date specified in a contract with the city."
"Cumberland & Western Resources LLC of Bowling Green, Ky., intends to develop the ACE technology manufacturing park at the Agilent site, in conjunction with sponsoring agencies NASA and the Colorado Association for Manufacturing and Technology."
"An early closing on the real estate deal means that the developer and the Aerospace Clean Energy Manufacturing and Innovation Park can buckle down to the job of lining up tenants that will be matched with patents controlled by NASA and other federal laboratories."
"ACE plans call for as many as 80 companies to populate the site at the northeast quadrant of Taft Avenue and Southwest 14th Street, creating up to 7,000 jobs as they work to commercialize the government-held technology patents."

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