March 2-March 15, 2016 —
COLORADO REAL ESTATE JOURNAL
— Page 17
Boulder County & U.S. 36 Corridor
by Jill Jamieson-Nichols
Class A industrial space for
small users is coming to the
Colorado Technology Center in
Louisville.
Summit at Colorado Technol-
ogy Center will provide new
space to tenants as small as 9,600
square feet. The 62,400-sf build-
ing is one of the first speculative
projects for small users to break
ground this development cycle.
“Over the past several years,
a significant
amount
of
i n d u s t r i a l
inventory in
Boulder has
been redevel-
oped for other
uses,
mak-
ing it hard
for industrial
users to stay
in the area,
by Jill Jamieson-Nichols
An affiliate of Etkin Johnson
Real Estate Partners sold 51 acres
of property at Broomfield Busi-
ness Center along the Northwest
Parkway and Via Varra Road.
Etkin Johnson retained 15.46
acres within the business cen-
ter for development of the Atria
office buildings. Broomfield
Commercial LLC, which lists is
address as that of Grand/Sawka
Properties LLC, paid $8.7 mil-
lion for the remaining develop-
able land, according to public
records.
The land is master planned
for mixed-use development.
Grand/Sawka, one of the Mid-
west’s largest private develop-
ers, didn’t return phone calls
about the acquisition.
In addition to the Atria site,
where Etkin Johnson will devel-
op173,380 sf of single-storyoffice
space, Broomfield Business Cen-
ter includes the Retreat at the
Flatirons, a 374-acre apartment
community that Etkin Johnson
developed. Invesco Real Estate
bought the apartments late last
year for $252,674 per unit.
s
Summit at Colorado Technology Center will provide 24-foot-clear industrial/flex space to users as small as
9,600 square feet.
Erik Abrahamson
The Lofts on the Hill, a
retail/student housing prop-
erty on University Hill in
Boulder, changed hands in an
$11.33 million transaction.
Located at 1143 and 1155
13th St., the property con-
sists of two buildings totaling
18,383 square feet. There are
13 three- and four-bedroom
residential units with a total
of 48 bedrooms and two retail
units occupied by Span-ish
