We find ourselves in the middle of one of the greatest wealth transfer periods of all time. Those with wealth must decide whether they want to make transfers, and if they do, they must decide how much, to whom, when and in what structure?
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The building at 3200 28th St. is owned by 3200 LLC and being marketed by the Boulder-based Freeman Myre brokerage, whose sign now is posted on the building. Managing broker Andrew Freeman said space from 9,000 to 45,000 square feet will be available for office or flex use.
“The plan is to remodel the outside, expand the second floor from a partial to a full second floor, and turn the garage space in back to an open office-flex configuration,” Freeman said. “We also want to add a rooftop deck to take advantage of the spectacular views.” The roof had been used for parking.
CCM Construction of Denver has been retained to do the remodeling, but Freeman said work wouldn’t begin until tenants were secured. “We’ll sit tight in case a tenant wants a design done differently,” Freeman said.
The building once housed Champion Ford and Anderson Kia, and has 22-foot-tall glass walls in the showroom area in front. It was purchased in January 2010 by 3200 LLC, which leased parts of the space to tenants.
The Tire Source Inc. occupied the building for a time, but the business was purchased by Primoris Energy Solutions Inc., doing business as Green Garage. That business operated there until it moved in November 2012. Optibike LLC, a manufacturer of electric bicycles, opened a 7,500-square-foot retail store and manufacturing facility in the showroom area and continues to operate there, as do other tenants including Boulder Hybrid Conversions LLC and Blue Spruce Auto Sales. Existing tenants have short-term leases.
The Colorado Secretary of State’s online database lists Harris Faberman as registered agent for 3200 LLC, and a 2010 press release named him as owner when the building was purchased.