Clarion scoops up small Boulder apartment complex for $10.5M

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.

Boulder County property records show 2000 Walnut last sold in 2015 for nearly $4.2 million.

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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.

Ken Amundson

Ken Amundson is managing editor of BizWest. He has lived in Loveland and reported on issues in the region since 1987. Prior to Colorado, he reported and edited for news organizations in Minnesota and Iowa. He's a parent of two and grandparent of four, all of whom make their homes on the Front Range. A news junkie at heart, he also enjoys competitive sports, especially the Rapids.