Real Estate & Construction  November 3, 2015

Tebo buys into O’Connor Group portfolio

BOULDER — Tebo Properties has purchased a “major” stake in a pair of commercial buildings in Boulder County owned by O’Connor Group, with an eye on filling about 30,000 square feet of vacant space in a Colorado Technology Center building in Louisville.

Tebo-O’Connor LLC, the new ownership group formed by the two Boulder-based companies, paid the O’Connor Group $7.52 million for the building at 331 S. 104th St., in Louisville and $4.042 million for 6685 Gunpark Drive in Gunbarrel.

Tebo Properties owner Stephen Tebo declined to specify what percentage stake his company has in the new entity. Tebo said O’Connor Group officials…

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