Real Estate & Construction April 26, 2023 6:54:45 am

Developer buys Boulder site where R&D facility is planned

Schnitzer West, which has operations in Denver and Seattle, introduced its plans for a new flex-industrial project to Boulder city officials in March. Source: Boulder planning documents.

By Lucas High

BOULDER — A commercial real estate developer recently purchased a Boulder site where the company plans to build a 200,000-square-foot research and development-centric flex-industrial building.

Builder Schnitzer West, through holding company 5675 Arapahoe Property Holdings LLC, bought the property at 5675 Arapahoe Ave. from Canal Avenue Park LLC, an entity registered to a commercial address in Boulder, for $19 million, Boulder County real estate records show.

The nearly 10-acre site includes a nearly 19,000-square-foot industrial building.

Schnitzer West, which has operations in Denver and Seattle, introduced its plans to Boulder City officials in March. The Boulder City Council opted…

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