Colorado Springs, January 2019 — Idaho based commercial real estate firm Alturas Capital Partners acquired a 0.94-acre lot in August 2018 with plans to construct a new 824 SF Dutch Bros franchise drive-through. The new Dutch Bros will be located at 6405 Source Center Point in Colorado Springs.
Construction should begin late winter/early spring 2019 and be finished by mid-to-late summer.
The popular drive-thru coffee chain, headquartered in Grants Pass, Oregon is known for its specialty java & espresso drinks, teas & smoothies.
This is the second Dutch Bros Alturas Capital Partners has developed in partnership with Needles Eye Holdings
Alturas Capital Partners is a Boise, Idaho based commercial real estate investment company and manager of the Alturas Real Estate Fund. The company actively invests in office, industrial and retail properties, with a focus on the Pacific Northwest and Intermountain West. Alturas owns properties in Idaho, Washington, Colorado and Arizona. Siete II is the 23rd asset purchase for the Fund. Since 2009, the firm has made investments valued at over $250 million and is actively seeking to acquire additional assets in the Western United States.