Louisville office building sells to Boulder investor for $9M

400 Centennial Parkway
Uber is the anchor tenant at 400 Centennial Parkway in Louisville.

Boulder real estate investor Stephen Tebo of Tebo Development Co. acquired a 41,478-square-foot office building in Louisville for $9 million.

The Class A building is located at 400 Centennial Parkway. Uber occupies most of the space. CoBiz Bank also is a tenant. Occupancy was 90 percent at the time of the sale.

A locally owned entity managed by Crestone Real Estate, CRE 400 Centennial Parkway LLC, sold the property, which was built for Cable Labs in 1993. The seller has owned the building, previously leased to Zayo Networks, in 2004.

Geoffrey Keys and Ronan Truesdale of Keys Commercial Real Estate represented the seller in the transaction.

Featured in CREJ’s Jan. 17-Feb. 6, 2018, issue

Jill Jamieson-Nichols has been an Editor with the Colorado Real Estate Journal for more than 15 years, providing coverage of office, industrial, hospitality and mixed-use development news in the Denver metro area, plus all property types in Northern Colorado, Boulder County and along the Highway 36 corridor. Prior to joining CREJ, Jill was Editor of…