Element Properties buys pair of Boulder office buildings in effort to attract life-sciences tenant
BOULDER — Element Properties LLC, a Boulder-based real estate developer, recently purchased a pair of east Boulder office spaces in the hopes of refurbishing them and attracting a new tenant, specifically a firm in the life-sciences industry.
The two flex buildings at 2865 and 2885 Wilderness Place total 45,345 square feet and were sold by Scout Properties LLC for $11.2 million.
“ElementProperties led an effort to create a Qualified Opportunity Zone Fund to acquire the buildings,” Element co-founder Scott Holton told BizWest in an email. “We plan on making substantial improvements to the interiors and exteriors…
THIS ARTICLE IS FOR SUBSCRIBERS ONLY
Continue reading for less than $3 per week!
Get a month of award-winning local business news, trends and insights
Access award-winning content today!
Related Posts
-
Early-bird registration ends at 11:59 p.m., Monday, Oct. 21, for the 17th annual Boulder Valley…
-
The Best Western Plus Hotel in Hudson sold to a Utah company last month for…
-
Hensel-Phelps Construction Co. is one of seven contractors nationwide to win a Trimble Construction Innovation…
-
The Idaho real estate company that purchased a 405-unit Fort Collins apartment building last month…
