Crescent pays $16.25 million for Flatiron Park building

Crescent Real Estate LLC added to its sizable portfolio in Flatiron Park with the $16.25 million acquisition of a two-story office building. Crescent, through GPIF 5777 Flatiron LLC, bought 5777 Central Ave. from BMC Properties LLC, a Chrisman Commercial affiliate. The acquisition brings Crescent’s Flatiron Park portfolio to more than 900,000 square feet in some…

Jill Jamieson-Nichols

March 30, 2020

Interlocken office building changes hands

A diverse group of investors purchased a multitenant flex/research-and-development building in Broomfield in an $11.2 million transaction. The 65,127-square-foot building at 295 Interlocken Blvd. was 100% occupied by tenants that include environmental consulting firm SWCA Inc., software company Nutrislice Inc. and a variety of other tenants in the technology, food and transportation industries. Silverwood Investments…

Jill Jamieson-Nichols

March 20, 2020

KTGY designs Downtown Superior’s Main Street, being constructed by CFC

Downtown Superior’s Main Street, a walkable mixed-use development being developed by Ranch Capital and Morgan Holdings in Boulder County, is set to add a mixed-use component. It is being designed by KTGY Architecture + Planning and will be built by Colorado First Construction.

Kris Oppermann Stern

February 17, 2020

Longmont’s South Main Station takes shape

South Main Station Apartments is opening its doors in downtown Longmont, building on significant investments – and paving the way for additional amenities – in that part of the city. The 253-unit apartment community, with frontage on Main Street, is a major milestone for South Main Station, the redevelopment of the 26-acre former Butterball turkey…

Jill Jamieson-Nichols

February 17, 2020

Boulder buyer adds to collection of assets in south Longmont

A Boulder company stepped up its commitment to the southern Longmont flex/industrial market with the acquisition of three buildings for $7.4 million. Chernoff Boulder Properties, a hands-on, boutique commercial real estate development firm, bought the buildings at 1801, 1811 and 1821 Lefthand Circle. Totaling 20,000 square feet each, they are located in the Campus at…

Jill Jamieson-Nichols

February 14, 2020

Institutional investor buys 92 apartment units in Boulder

A real estate investment manager that recently spent $146.3 million on downtown Boulder office buildings invested another $27.66 million in apartment properties. Clarion Partners, through separate entities, bought 2121 Canyon, a 60-unit community, and 2000 Walnut, which comprises 32 units, for $17.18 million and $10.48 million, respectively, according to public records. Affiliates of Boulder-based Element…

Jill Jamieson-Nichols

February 6, 2020

Clarion makes $146.3M investment in downtown Boulder

Clarion Partners landed a three-building office portfolio in downtown Boulder for $146.3 million, or $621.72 per square foot. The deal included two of the largest office buildings downtown, 1050 Walnut and Canyon Center, along with 1900 15th St. The portfolio totals 235,316 sf. “Downtown Boulder is such a unique market. For someone to come in…

Jill Jamieson-Nichols

January 20, 2020

BHP, city create 120 units of permanently affordable housing

Boulder Housing Partners and the city of Boulder have broken ground on a 120-unit permanently affordable housing community – the most significant development of its kind in the city’s history. BHP is the master developer of the project, called 30Pearl. It will be located on 4.6 acres at 2630 30th St. in Boulder Junction, a…

Jill Jamieson-Nichols

January 11, 2020

Uniform company finds fit with tech center flex building

A scarcity of available flex space drove interest in a Colorado Tech Center building that sold for $2.5 million, or $166.79 per square foot. Sunny Way LLC purchased the building at 379 S. Arthur Ave. in Louisville from SimonKramer Partners LLC. A Cut Above Uniforms, currently in Broomfield, will occupy the building. Scott Crabtree “We…

Jill Jamieson-Nichols

December 23, 2019

Parc Mosaic: Luxury Apartment Living that is Perfectly Boulder

A collaboration between Tryba Architects, Millender White and Aimco, when completed next month Parc Mosaic will feature 226 units – studio to three-bedroom – in four buildings spread across a parklike patchwork of gardens and green spaces.

Building Dialogue

December 9, 2019