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Page 12 — COLORADO REAL ESTATE JOURNAL — December 7-December 20, 2016
Boulder County & U.S. 36 Corridor
by Jill Jamieson-Nichols
A California buyer completing
a 1031 exchange paid $13.51 mil-
lion for an office/retail building
along U.S. Highway 36 in Supe-
rior.
Edward Heyman and Co. LLC
bought 100 Superior Plaza Way
from Superior Plaza LLC. The
seller is a local group of investors
that developed the 56,000-square-
foot building in 2000.
“We had strong interest in
the property,” said Chris Bos-
ton of Gibbons-White Inc., who
represented the seller. “Buyers
were engaged because of all of
the develop-
ment in the
works in the
town of Supe-
rior. They
like what is
happening in
the area and
thought that
the invest-
ment would
perform well
for the long term,” Boston said.
The two-story building was
fully leased at the time of the sale.
Retail anchors include Superior
The building at 100 Superior Plaza Way was 100 percent leased at the time of the sale.
Chris Boston
by Jill Jamieson-Nichols
A downtown Boulder building
that houses the popular Walnut
Saloon sold to a Boulder investor
for $6.9 million, or $297.07 per
square foot.
Scott Littlefield purchased the
three-story, 23,227-sf building at
1911 11th St. from John Thacker,
a Longmont investor who had
owned it for more than 30 years.
The Walnut Saloon has a long-
term lease for street-level space in
the building, which also houses
Re/Max Alliance on Walnut. The
building was about 95 percent
occupied, and many of the ten-
ants are small office users on
short-term leases, according to
Tom Hill of WK Real Estate, who
represented the seller with WK’s
Eric Rutherford.
The building dates to approxi-
mately 1905. It was occupied by
a moving and storage company
when Thacker bought and reno-
vated it in 1972, Hill said.
There was significant investor
interest in the property because of
its downtown Boulder location,
he said.
The purchase was Littlefield’s
first significant commercial real
estate acquisition in the market,
according to ToddWalsh of Boom
Properties, who represented him
in the transaction.
“The building is prime for repo-
sitioning and is in a great location
right downtown,” said Walsh,
who said the buyer plans to reno-
vate and retenant the office space.
“I think with some investment
he can turn the building into a
Class Aoffice building, and that’s
his goal,” said Walsh.
Other News
n Ecolibrium leased 8,839
square feet of industrial space at
4635 Nautilus Court in Boulder in
an expansion from another build-
ing in the vicinity.
Hunter Barto and Beau Gam-
ble of Dean Callan & Co. repre-
sented the tenant. Steve Chris-
man of Chrisman Commercial
and Susan Chrisman of the Colo-
rado Group represented the land-
lord, Gunbarrel Properties LLC.
n The Colorado Department
of Corrections Division of Adult
Parole recently leased 4,086 sf of
office space at 310 Lashley St.,
Suite 100, in Longmont.
Matt Kulbe and Antho-
ny Damico of NavPoint Real
Estate Group represented the
landlord.s
by Jill Jamieson-Nichols
Boulder Junction Row-
homes are all about family.
The 32-unit rental community
scheduled to break ground early
next year will feature three- and
four-bedroom units with garage
parking, and a common court-
yard and green space.
“There’s nothing like it in
Boulder,” said Don Caster
of Denver-based Sagebrush
Boulder Denver Northern Colorado Laramie
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