April 11, 2011

Investor pays $1.5 million for building

By

BOULDER – A private investor has purchased the 21,940-square-foot building at 4725 Nautilus Court South for $1.575 million.

The building, which consists mostly of warehouse space, was purchased by MacHeath Industries LLC. The entity is a private company representing an individual buying the building as an investment, said the selling broker, Angel Topel of Gibbons-White Inc.

The building is in the Twin Lakes Tech Park in the Gunbarrel neighborhood of Boulder. Current occupants include Simply Delicious LLC, dba Bobo’s Oat Bars, and an outlet of the Charles D. Jones Co., which sells and services HVAC systems.

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Those tenants are expected to remain, Topel said.

LED lightning manufacturer TerraLUX Inc. was located at the building, but moved to Longmont last summer. TerraLUX founder Anthony Catalano owned the building through a holding company, 4725 Nautilus LLC.

According to the Boulder County Assessor’s office, the building was built in 1979, and it was sold in 2007 for $1,525,000.

Todd Walsh of The Colorado Group represented the building’s seller.

BOULDER – A private investor has purchased the 21,940-square-foot building at 4725 Nautilus Court South for $1.575 million.

The building, which consists mostly of warehouse space, was purchased by MacHeath Industries LLC. The entity is a private company representing an individual buying the building as an investment, said the selling broker, Angel Topel of Gibbons-White Inc.

The building is in the Twin Lakes Tech Park in the Gunbarrel neighborhood of Boulder. Current occupants include Simply Delicious LLC, dba Bobo’s Oat Bars, and an outlet of the Charles D. Jones Co., which sells and services HVAC systems.

Those tenants are expected to remain, Topel…

Christopher Wood
Christopher Wood is editor and publisher of BizWest, a regional business journal covering Boulder, Broomfield, Larimer and Weld counties. Wood co-founded the Northern Colorado Business Report in 1995 and served as publisher of the Boulder County Business Report until the two publications were merged to form BizWest in 2014. From 1990 to 1995, Wood served as reporter and managing editor of the Denver Business Journal. He is a Marine Corps veteran and a graduate of the University of Colorado Boulder. He has won numerous awards from the Colorado Press Association, Society of Professional Journalists and the Alliance of Area Business Publishers.
Categories: Today's News Bobo's Oat Bars Simply Delicious Inc.
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