Ivy Realty Sells 32,926 SF Flex Office Building in Boulder, Colorado
BOULDER, COLO. — Ivy Realty has completed the disposition of 6707 Winchester Circle, a single-story office/industrial building in Boulder. Evermore Partners acquired the asset for $8.8 million.
Situated on 3.6 acres within Gunbarrel Tech Center, 6707 Winchester features 33,296 square feet of flex office space. Fully renovated in 2016, the property offers 28,832 square feet of office and lab space and 4,000 square feet of warehouse and distribution space.
The warehouse space features three dock-high doors and one roll-up door. On-site amenities include a fitness center with showers and locker rooms, an outdoor patio with barbecue space, and bike storage.
At the time of sale, the property was fully leased to four tenants, with life sciences companies comprising 33 percent of the rent roll.
Larry Thiel, Jason Schmidt and Rob Key of JLL Capital Markets represented the seller in the transaction.