It may be the largest real estate transaction in the history of Boulder, Colorado. The Seattle-based company Unico Properties recently purchased 27 buildings in four different office parks in the city’s east side, the Boulder Daily Camera reported. The purchase amounts for more than 1 million square feet of office space, which is added to the nearly 400,000 square feet that the company already owned here.
The article noted that deeds filed at the Boulder County Recorder’s Office suggest that at least $168 million was paid for the properties.
Ned Carner — Unico Vice President of Acquisitions — reported that the company likes Boulder and believes it is a great place for real estate. Unico has, with this transaction, now become one of the biggest property players in Boulder, the Daily Camera noted.
The purchase of these properties as well as construction at Boulder Junction and Google’s plans to build a new complex are believed to be upping the value of office space in the east side of the city.
According to the article, Carner agreed, stating that the transportation infrastructure and amenity base at Boulder Junction are making the area more desirable for businesses wishing to relocate or expand.
The company is looking to help tenants attract and retain top talent by investing capital for improvements in the buildings’ tenant spaces, common areas, and accessibility to amenities.
Boulder is, indeed, a desirable place for business. It’s a wonderful place to live, as well. If your business is bringing you to Boulder, let us help you find a great home for you and your family as well as corporate housing for your employees.
With years of experience in the area, we know the neighborhoods well and we know there’s a match for you. For more information, contact us today. 303.545.6000