Real Estate & Construction  January 18, 2019

Unico portfolio, including Boulder’s Pearl East, sold to investor

BOULDER — Unico Investment Group LLC, a Seattle-based real estate investment firm, has entered into an agreement to sell off a major portfolio of properties in Colorado and Washington, including 11 buildings in Boulder’s Pearl East business park.

The 1.8-million-square-foot portfolio, known as Unico Partners I, includes 27 buildings across the greater Denver and Seattle metro areas. The price was $710 million.

The buyer is Goldman Sachs-affiliated Broad Street Principal Investments LLC. Jason Flynn and Paul Nelson from Eastdil Secured represented Unico in the sale.

“Unico will retain a stake in the…

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A Maryland native, Lucas has worked at news agencies from Wyoming to South Carolina before putting roots down in Colorado.
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