Real Estate & Construction  November 1, 2021

Berkeley Partners offloads building in Longmont portfolio

LONGMONT —  California real estate company Berkeley Partners LLC has sold off a building in its Longmont office and flex-space portfolio to another investor in the Golden State.

Berkeley Partners holding company BPVIF V Holdings 13 LLC last month offloaded the space at 1851 Lefthand Circle to Lane Longmont LLC, an affiliate of Los Angeles-based Pearl Lane Investments for $11.1 million. 

The building is about 30,000 square feet — about half of which is office space and the other half industrial — and was built in 1983, according to Boulder County property records. It sits on about two acres. 

Berkeley Partners, which also…

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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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