BOULDER — New York-based real estate investment and development firm Clarion Partners LLC recently purchased the 2000 Walnut apartment community in Boulder for just under $10.5 million.
The 32-unit property at 2000 Walnut St. was built in 1972 and renovated in 2015 by local developer and previous owner Element Properties.
How a business manages its inventory can have a tremendous impact on the financial health of the company. Managed properly, inventory can be a great source of increased margins, higher revenue, or a combination of the two.
Boulder County property records show 2000 Walnut last sold in 2015 for nearly $4.2 million.
Clarion has been on a Boulder spending spree. In late December, Clarion bought the 2121 Canyon apartment community in Boulder for just under $17.2 million. A month later the company acquired a trio of central Boulder office buildings for $146.7 million.
This story has been corrected to reflect the sales price of approximately $10.5 million.