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Etkin Johnson Group announced today that it has acquired an industrial building located at 1812 Boxelder St. in the Colorado Technology Center in Louisville.

The company paid $1.85 million for the 34,329-square-foot building in a short sale agreed to by Zions Bank and the U.S. Small Business Administration.

The building’s previous owner, Dion Brothers Mercantile, had purchased the building for $2.6 million in 2008 and added $600,000 in improvements for a heavy industrial machine shop.

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