Borders Closes $7.7 Million Land Deal

LONGMONT, CO.-Borders Books will build a 24,895-sf store on a parcel that has cost close to $7.7 million in this bustling Boulder bedroom community. The deal is part of an aggressive strategy to tap into the metro's northern suburbs, says a local broker.

By John Rebchook | August 21, 2000 at 01:01 AM

The new bookstore would be at the northwest corner of Hoover Road and Clover Basin Dr."Borders has been real aggressive getting into the northern suburbs," Tom Mathews, a retail broker with CB Richard Ellis told GlobeSt.com. "In addition to Longmont, they've opened stores in Boulder and they plan one in Greeley. And they have one in the FlatIron Crossing Mall that just opened in Broomfield.

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