Home News Boulder business park bought for $625 million in largest single-asset sale in Colorado’s history

Boulder business park bought for $625 million in largest single-asset sale in Colorado’s history

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Boulder’s Flat Iron Park, near 55th Street and Arapa Ho Avenue, was the center of historic $ 625 million purchases, counted as the largest single asset. Sale In the history of Colorado, according to several real estate sources.

BioMed Realty, a San Diego-based real estate investment trust company, publication In April, we acquired Business Park from JLL’s Capital Markets Group, which replaced Crescent Real Estate LLC, a real estate business within Goldman Sachs Asset Management and Lionstone Investments.

purchase span 1 million square feet and 22 buildings, offices and flex spaces. Benmolk, Senior Vice President of Crescent Real Estate, said:

BioMed was purchased from GPIF Flatiron Business Park, which includes various LLCs, using a holding company with various LLCs named BRE-BMR, said Cynthia Braddock, Councilor of Boulder County.

The holding company also bought another building on 2100 Central Avenue in Boulder Business Park for $ 17 million, she added.

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