Posted by Michael Hughes February 10, 2010
A Honolulu-based r.e. investment company has purchased the Meadows on the Parkway Shopping Center in South Boulder for $30,772,000. Located at the southwest corner of Foothills and Baseline (Safeway, Michaels, Blockbuster, et al.) Apparently Boulder, Colorado is still a relevant market with growth and great potential for a great Return on investment.
A Boulder real estate investment company purchased a 13-unit apartment building near the intersection of Broadway and Cedar Avenue in Boulder for $2.05 million. Yes they are always rented and it is rare to find a vacancy. The company clearly has confidence in the strength of the Boulder real estate market.
An Australian irrigation technology company is moving its U.S. headquarters to Longmont, CO.
Irrigation Water Technologies America Inc. is moving from Colorado Springs to Longmont after signing a lease for 12,000 square feet at 1200 S. Fordham Road. The privately owned company expects to move in late January and will bring 11 employees here.
“IWT America chose Longmont because of its proximity to the Front Range labor market as well as its atmosphere and reasonable cost of living,” said Collis Woodward, the company’s CFO
Water conservation is the companies’ main goal reducing water consumption as well as fertilizer usage.
Goliath Solutions, a Chicago-based marketing research company, is moving its office in Boulder to Longmont. The company signed a lease for 4,222 square feet of space at 1860 Lefthand Circle in The Campus at Longmont business park owned by Circle Capital. The local office employs about 10 people.
New Broomfield leases include, Grandrabbit’s Toy Shoppe, a Boulder-based toy store, signed a lease for 3,000 square feet of retail space at 180 E. Flatirons Circle Drive at MainStreet at Flatiron. It is the third location for Grandrabbit, which has stores in Boulder and Superior.
Abbot’s Frozen Custard signed a lease for 1,333 square feet of retail space at 2205 W. 136th Ave. at The Shops at Quail Creek. AIM Mail Center, a retail mail service company, signed a lease for 1,400 square feet of retail space at The Shops at Quail Creek.
Illinois-based ITW Industrial Finishing Inc., a spray finishing equipment provider, signed a lease for 9,939 square feet of space at 1721 Boxelder St. in the Louisville, Colorado Technology Center business park for its research engineering facility.
Boulder Valleys’ most recent example was Boulder-based Spectra Logic buying its own 80,712-square-foot building at 6285 Lookout Road in Gunbarrel for $5,025,000 in December.
Institutional investors making their way back into the Boulder Valley; Chicago-based Ventus Inc. (NYSE:VTR) purchased 74,000 square feet of medical office space at Avista Adventist Hospital in Louisville for $20.25 million, and A&B (NYSE: ALEX) purchasing the 216,400-square-foot Meadows on the Parkway Shopping Center in Boulder for nearly $30.8 million.
If you have questions regarding this article or Boulder Real Estate please call me 303-359-6627 or e-mail Michael Hughes at Fuller Sotheby’s International Realty in Boulder, CO
