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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Allen Tawa and Dr. Nita Desai purchased the 6,540-square-foot building from RA Putnam and Associates for $625,000. Two of the four office suites in the building currently are the longtime homes to an Edward Jones financial advisers branch office and McCarty Dental Group. The other two spaces are empty.
Salt Spa, co-owned by Desai and Tawa, and Desai’s East/West are both at 2885 Aurora Ave. in Boulder, and the location in Louisville gives them more space. Tawa said he expects the Louisville opening to occur by Aug. 1.
The two businesses will occupy two of the four office spaces in the building, accounting for 3,520 square feet of the space. The Edward Jones branch and McCarty Dental Group recently renewed five-year leases on their respective locations.
Wade Arnold and B. Scot Smith of The Colorado Group represented the seller in the deal, and Tom Hill of Wright Kingdom Real Estate represented the buyer.