Developer sells The Reve residential component for $151M

BOULDER — Just two months into the new year, Boulder has seen what is likely to be one of 2021 largest multi-family residential transactions with the recent sale of the The Reve’s apartment component for $151.25 million.

Southern Land Co. — the developer of the project, which includes a significant office component — offloaded the central Boulder property near Google’s Pearl Street campus this month to a series of holding companies operated by Carlsbad, California-based Virtu Investments, Boulder County public records show. 

The property is located in the southeast quadrant of 30th and Pearl streets.

The residential square…