Equity firm plans move to Boulder

BOULDER – Iron Gate Capital LLC, a Louisville-based private equity firm, will be moving its operations to Boulder this summer.

Iron Gate, which has been in business for about 8 1/2 years and whose client list includes Denver-based hamburger chain Smashburger, recently leased 1,205 square feet of office space at 3000 Pearl St., Suite 201, at the southeast corner of 30th and Pearl streets.

Iron Gate partner and managing director Douglas Fahoury said his company recently had hired a new partner and needed some additional space for its three-person operation.

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“We just wanted to stay somewhere between Broomfield and Boulder, and it was the best space for the price,” Fahoury said.

Fahoury said Freeman Myre Inc., the owner of the building, previously occupied Iron Gate’s newly leased space and combined its own offices into a different area of the building.

Broker Alex Hammerstein of CBRE represented Iron Gate in the transaction.