January 16, 2013

Boulder investors buy Signature warehouse

BROOMFIELD –A Boulder real estate investment group paid $2.61 million, or $56 per square foot, recently to buy the 46,400-square-foot warehouse occupied by Signature Offset Inc., a national printing company.

Flagstaff Holdings LLC led the investment group that made the acquisition, which included local and non-local individuals and family trusts, said Dan Cohen, a Flagstaff Holdings principal.

The warehouse, at 224 Commerce St., is completely occupied by Signature Offset, which signed a long-term lease last year.

Freeman Myre Inc. represented the new owners. The seller, Flatiron Properties LLP, was represented by Chris Boston of Gibbons-White.

Financing was provided by 1stBank. Flagstaff is…

Categories:
Sign up for BizWest Daily Alerts
Closing in 8 seconds...