Investment firm pays $13.9M for property in Gunbarrel

BOULDER – The building that Lockheed Martin’s Information Systems & Global Services division leases in the Gunbarrel neighborhood of Boulder has sold for $13.4 million, according to public records.

Macfarlan Capital Partners, a real estate investment company based in Dallas, purchased the property from Michigan-based real estate investment firm W&D Spine Road LLC. The property consists of a 167,491-square-foot one-story building built in 1965 and a 4,800-square-foot utility building on 11.9 acres.

W&D Spine Road, formerly ICG Spine Road LLC, purchased the property in 2006 for $12.9 million from local real estate investor Marcel Arsenault’s Colorado & Santa Fe Real Estate.

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