Pearl Izumi sells Louisville HQ to bike competitor
LOUISVILLE — Pearl Izumi USA Inc. late last month sold off its Louisville headquarters to fellow bicycle-industry player Specialized Bicycle Components Inc., less than a year after it was acquired by a private equity firm.
The 55,000-square-foot headquarters building in the Colorado Technology Center at 101 S. Taylor Ave. traded for $14.94 million, according to Boulder County property records.
Pearl Izumi, which last year announced its intent to offload its headquarters and cut staff after its acquisition by Fountain Valley, California-based United Sports Brands, built the distinctive-looking headquarters in 2013.
“There were synergies as a result of…
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
-
Chewy Vet Care is opening a new Louisville veterinary clinic on April 10.
-
A new event series called First Fridays, a monthly gathering for the town’s business community,…
-
The Louisville Chamber of Commerce will host the Feel Good Festival, a new community-wellness event,…
-
The Taste of Louisville festival will return to Main Street on June 6-7.
