The Panther Group, a cannabis merchant bank and advisory firm specializing in identifying and evaluating promising cannabis ventures, is thrilled to announce the successful sale of a multi-unit cultivation and manufacturing facility located in Boulder County, Colorado, at a purchase price of $6 million.

Panther was engaged by the owner and landlord of the facility to facilitate the sale of the real estate, which was subject to several Triple Net (NNN) leases already in place.

Leveraging their strategic marketing expertise and deep industry knowledge, Panther conducted a meticulous search for a suitable buyer outside the cannabis sector. The buyer, a private real estate holding company based in Colorado, recognized the property’s value and the potential to capitalize on the booming cannabis industry in the state. The strategic vision and commitment of the buyer ensured that the property would remain a thriving hub for cannabis-related operations.

This transaction is a testament to Panther’s ability to adapt to challenging market conditions, identify alternative avenues for success, and leverage their vast network of connections to ensure a successful outcome. 

“We are thrilled to have played a role in the successful sale of MCG Foothills, particularly given the challenging circumstances that surrounded this transaction,” said Josh Salzman, Head of M&A, Debt, and Real Estate for The Panther Group and lead in the transaction. “Our team’s expertise and commitment to finding the right buyer for the property, coupled with the buyer’s vision, are a testament to the strength of the Colorado real estate market. We are excited to see the property continue its role as a vital player in the cannabis industry.”

Contact The Panther Group: [email protected].