BOULDER — The Westpeak Building, a four-story, 55,500-square-foot office building in downtown Boulder, has been purchased by LC One LLC, an entity registered to Boulder-based real estate mogul William Reynolds.
According to public records, the building at 1470 Walnut St. was acquired on Dec. 28 for $30.1 million from Walnut Canyon Partners LLC, registered to Bruce Oreck and Eric H. Gabrielsen of Boulder, which developed the building in 2001. Oreck is part of the family that owns the Oreck vacuum cleaner business, and he was the U.S. Ambassador to Finland under President Obama.
Real estate can be a force for good, and that’s exactly what real estate developer, Brinkman, is trying to do with their recent achievement of B Corp Certification. After over a year of rigorous testing of their social and environmental practices, Brinkman earned certification last week.
Ashley Overton, a broker associate at The Colorado Group Inc. in Boulder, represented Oreck and Gabrielsen in the deal.