Boulder Community Health buys home of Daily Camera; newspaper to move

BOULDER — Boulder Community Health has acquired a building in east Boulder that currently houses the Daily Camera, Colorado Daily and their owner, Prairie Mountain Media.

The hospital paid $4.6 million to Square Six LLC for the 25,432-square-foot building at 5450 Western Ave., according to public records. Square Six had been leasing the building to Prairie Mountain.

The hospital will take possession of the building Sept. 1 and will then move administrative staff there, said hospital spokesman Rich Sheehan. He said the hospital will move 85 employees in its patient financial services, and billing and coding from the hospital’s Mapleton Center on the west side of the city.

SPONSORED CONTENT

Exploring & expressing grief

Support groups and events, as well as creative therapies and professional counseling, are all ways in which Pathways supports individuals dealing with grief and loss.

Al Manzi, president and chief executive of Prairie Mountain Media, said the news organization’s 105 employees will move to a two-story 14,000-square-foot building at 2500 55th St. owned by Unico Properties Inc.

“We will be moving the last week of August,” Manzi said.

Square Six, a local real estate investment group, acquired the building and one other at 1780 Conestoga Drive for $5.1 million in 2012 from Karlin Real Estate, a Los Angeles-based real-estate development and investment company. Karlin at one time owned the former downtown headquarters of the Daily Camera at 1048 Pearl St., now owned and being developed by a group of 30 mostly local investors as Pearl West, a mixed-use retail and office building. 

Lynda Gibbons, president of Gibbons-White Inc. was the broker for both the buyer and seller.