Redtail Ridge purchase price revealed at $35M
Redtail Ridge purchase price revealed at $35M This story first ran on BizWest.com, a BusinessDen news partner. Phillips 66 Co. sold the Redtail Ridge property in Louisville for $34.93 million, a discount of just more than 37 percent from the $55.6 million that ConocoPhillips paid for the property in 2008. ConocoPhillips’ acquisition included about 1.6 million square feet of buildings that were subsequently torn down. Sale of the property to Redtail Ridge Development LLC, an entity controlled by Denver-based Brue Baukol Capital Partners LLC, occurred Dec. 11, but officials from Brue Bauko...