Colorado’s first In-N-Out Burger moves closer to 2020 opening with land purchases

It may not get the beloved California chain’s animal-style burgers into the hands of eager Coloradans any sooner, but In-N-Out Burger on Friday officially closed on deals to purchase two properties in northern Colorado Springs, according to real estate services firm CBRE.

The for-now vacant plots of land are in the growing Victory Ridge development about a half mile east of Interstate 25 off of Interquest Parkway.

In-N-Out officials in December said they were planning to build a nearly 100,000-square-foot distribution and burger-patty making facility in Victory Ridge and a 150,000-square-foot office building complete with helipad. Those facilities are expected to take up a 21.9-acre parcel at the corner of Interquest and Federal Drive the chain officially bought Friday, according to CBRE.

A prankster hung this In-N-Out Burger ...
A prankster hung this In-N-Out Burger sign on the construction fence at a development at 57th Street and U.S. 287 in north Loveland on Sunday. The apparent April Fools’ Day joke got some Loveland residents’ hopes up, but the developer of the site said In-N-Out isn’t coming to his property.

A second parcel, at the corner of Interquest and Voyager Parkway, will be the home of a 4,772-square-foot restaurant, In-N-Out’s first in Colorado. The distribution center is expected to open in the summer of 2020, but Carl Arena, In-N-Out’s vice president of real estate and development, said in December that the company was “still likely close to two years away from serving our first Double-Double in Colorado.”

The burger brand bought the land from Glendale-based real estate company Westside Investment Partners, which is also in the process of redeveloping the Loretto Heights former Catholic girls school in southwest Denver.

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“This is a day that In-N-Out aficionados here in Colorado have been waiting for, and we are ecstatic that In-N-Out chose Victory Ridge to put down roots in Colorado,” Westside principal Andrew Klein said in a news release.

CBRE brokers Patrick Kerscher, Whitney Johnson and Jon Weisiger represented Westside in the deal.

Johnson called the In-N-Out deals, “a testament to both the quality of development envisioned and executed by Westside and also the growing prominence of Colorado Springs as a dynamic, sought-after, thriving city,” in Friday’s release.

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