Arsenault’s Real Capital Solutions scoops up new Medtronic campus for $188M

LAFAYETTE — In one of Boulder County’s richest commercial real estate deals of 2023, Real Capital Solutions, a real estate portfolio company run by local investment guru Marcel Arsenault, recently purchased the newly completed two-building Medtronic Inc. corporate campus in Lafayette. 

Louisville-based RCS paid $188 million for the two, five-story buildings at 404,159 square feet located at 200 and 250 Medtronic Drive on a 42-acre tract just south of the Intermountain Health Good Samaritan Medical Center. Arsenault confirmed the purchase to BizWest Friday morning. The seller was Minnesota-based Ryan Cos. US Inc., which built the campus. 

Ryan, through…