Closed Deals to Close Out 2020

WW Reynolds’ sales and leasing team was pleased to wrap up 2020 for the obvious reasons, but also because we closed some newsworthy deals to finish out the year. Below are just a few.

 

Harvest of Hope Pantry

New Location: 4830 Pearl Street | Boulder, CO 80301

We are pleased to welcome the Harvest of Hope Pantry to Pearl Street (east of Foothills). Our team facilitated this off-market deal between our client, Harvest of Hope, and the property owner. Harvest of Hope’s sole mission is to help provide food for those in need by offering their clients a shopping experience where individuals select preferred foods within shopping allowances.

Pitter Patter

New Location: 720 Front Street | Louisville, CO 80027

Louisville’s favorite children’s boutique store, Pitter Patter, has taken over an even larger portion of Downtown Louisville’s prime real estate. Visit them in their new location to find unique, beautiful, durable and fun clothing, gifts and accessories for newborns to eight-year-olds.

 

Kinesis Dance

635 S Broadway | Boulder, CO 80305

Table Mesa Shopping Center added a new tenant to its growing roster of health and wellness businesses (including Flatirons Natural Pet, Orange Theory, Neptune Mountaineering and more). We leased Kinesis Dance a new space in the shopping center and are happy to support their mission of creating an “environment where dance is for everyone and kindness matters.”

 

Allegra

2985 Sterling Court| Boulder, CO 80301

Our team welcomes the Boulder staple Allegra to east Boulder, filling the last vacancy at Sterling Court. Allegra is a full-service marketing and print communications business focused on helping companies solve simple or complex problems through our expertise, creative solutions and can-do attitude.

KJUS

New Location: 4888 Pearl East Circle | Boulder, CO 80301

The Kjus team has moved its Boulder location, but not too far. The company moved a few doors down from 4940 Pearl East circle to 4888 Pearl East Circle to facilitate a sizable expansion. Kjus is a technical ski apparel company that designs and manufactures ski apparel built for a full day in the elements, enabling people to reach the absolute top of their ski-game.

 

Finding the perfect spot for every business is our expertise. Reach out to our team if you are looking for a lease or investment in the Boulder area! 

Boulder Development Projects December 2020

Our team recently attended the 2020 Boulder Valley Real Estate Conference which was held virtually and hosted by BizWest. Hundreds participated to hear about the latest trends and predictions for commercial and residential real estate in the area. Our own Jeff Wingert was among the featured speakers. Among the topics covered was an overview of current development projects around Boulder Valley. Check out a few of the highlights from Boulder and Longmont below.

Boulder Project Highlights 

All Boulder development and redevelopment projects are tightly aligned with the Boulder Valley Comprehensive Plan, which among other things includes a 55’ height restriction and undeveloped green belt zone around the city. Below is the master map for the comprehensive plan.

Here are some major projects taking place right now:

 

Former Liquor Mart Site

A project has been approved at 1750 15th, the site of the former Liquor Mart, which will include 11,000 SF of ground floor retail, 147 apartments, and below grade parking.

Proposed Oliv at Boulder Mixed Use Development at 1750 15th Street, site of the former Liquor Mart. Design by Sopher Sparn Architects.

 

Former Old Chicago

The former building for Old Chicago at 1911 11th Street has been demolished and is being redeveloped into a three-story mixed use property with ground floor retail, second story office space, and third floor residential units. 

1102 Pearl Street Former Old Chicago
1102 Pearl Street Mixed Use Redevelopment, site of the former Old Chicago

 

Alpine-Balsam Development 

The Alpine Balsam project, located on the site of the former Boulder Community Hospital, is being redeveloped into a mixed-use neighborhood center. It will include a City Service Center, affordable housing, retail, and more.

Alpine-Balsam Mixed Use Project

 

University Hill Hotel 

A hotel is being constructed at the intersection of University and Broadway which will includes 187 rooms and 9,600 SF of ground floor retail space.

Hill Hotel Project Boulder

 

Boulder Valley Regional Center/Boulder Junction

At 160 acres, this large scale project is Boulder’s largest redevelopment area. The goal is to develop this area according to Boulder’s Transit Area Plan as well as convert underutilized industrial areas into a more urban friendly area. Phase I is complete and they are now moving into Phase II. 

S’PARK at the Railyards, part of Boulder Valley Regional Center/Boulder Junction

 

Macy’s Store

Neighboring Boulder Junction is Macy’s department store at the Twenty Ninth Street Shopping Center, which is under review to be redeveloped into 7,730 SF of marketplace retail, 155,136 SF of office, as well as plaza improvements.

Macy’s Redevelopment Boulder, Rendering by Trestle Strategy

 

East Boulder Sub-Community Plan 

We are especially excited about the changes taking place in East Boulder, not only because of some of our favorite properties in east Boulder like this and this, but because East Boulder is experiencing a surge in popularity. With easy access in and out of Boulder, exceptional Flatiron views and big parks, who wouldn’t want to be in East Boulder?

East Boulder’s Sub-Community plan is a strategy for infill in neighbors located 15 minutes from downtown. It is currently in concept testing phases and might allow for future land zoning changes. 

The recent redevelopment of Flatiron Business Park is attracting a wave of creative tech, breweries, and more. Elaine McLaughlin, a senior planner with the City of Boulder’s Planning Department, calls the trend “a renaissance for this business park that started 40 to 50 years ago.”

And lastly, the property at 5606 Airport in Lake Center Business Park received a recent annexation and approval. More to come on this WW Reynolds project!

 

Honorable Mention: The North Boulder Branch of the Library has been approved. It will include 13,010 SF to serve north Boulder.

 

Longmont Project Highlights 

 

South Main Station

Phase I of the mixed use redevelopment project at the site of a former Butterball processing plant in downtown Longmont is under way. 253 residential units were completed earlier this year and they are currently at 72% occupancy, according to Tony Chacon, Redevelopment Manager with the City of Longmont.

South Main Station mixed use project in Longmont
South Main Station mixed use project in Longmont

 

5th and Coffman Project

The affordable mixed use project at 5th and Coffman is underway. A partnership of Boulder County Housing Authority and Downtown Development Authority, 73 residential units and commercial space at the ground floor. It will also result in 300 parking spaces for both the public and the tenants.

Longmont Development at 5th and Coffman
Longmont Affordable Housing Development at 5th and Coffman

 

Transit Area Station

Longmont is in the final planning stages for a new RTD Transit Station, which will be designed to accommodate both future rail transit, but in the nearer term Bus Rapid Transit between Longmont and Boulder. This is due to begin in late 2021.

Longmont Transit Station Area
Longmont Transit Station Area

 

East Side

Longmont’s east site is the fastest growing segment of Longmont. It began with the Longs Peak Medical Center at the intersection of 119 and County Line Road. A 4-story expansion project is currently underway adjacent to the hospital. Smuckers has also been been approved for an expansion in this area with construction likely to start next year.

And of course we can’t overlook the widely known Sugar Mill site, the anchor of the east Longmont commercial development area. The Urban Land Institute recently completed a technical advisory panel on the site. According to Chacon, interest in redevelopment opportunities at the Sugar Mill site remains strong and at least one prospect is nearing acquisition of needed properties to move forward with the site. So stay tuned!

East Longmont Development
East Longmont Development

 

For more on these projects and others around Boulder County, contact one of our sales and leasing brokers today!

Featured Office Listings

With so many great properties it’s hard to choose our favorite listings, but we had the chance to sit down this week and pick out a few of them. We’d like to highlight a few listings available in 4940 Pearl East Circle, located in a sought after, professional business park in Central Boulder. Availabilities in 4940 Pearl East Circle range from 3,375 – 13,475 with entire floors available for lease. Second up, we have 1515 Walnut. Home to two beautiful office suites both boasting wide open floor plans, natural light, and more.

 

4940 Pearl East Circle

Suite 100 | 8,211 SF | $24.00 NNN

This large professional office suite is nicely updated with new carpet and paint, a reception area and conference room, and a mix of private offices and open space. Enjoy abundant natural light and a convenient central Boulder location.

Suite 201 | 3,375 SF | $25.00 NNN

Suite 201 is home to 8+ private offices and large conference rooms. Located on the second floor, this suite can be combined with neighboring suite 202 for a combined total of 7,873 SF.

Suite 202 | 4,498 SF | $25.00 NNN

Suite 201 boasts 5+ private offices, a few large conference rooms, and an open and inviting open floor plan. Located on the second floor, this suite can be combined with neighboring suite 201 for a combined total of 7,873 SF.

Suite 300 | 4,039 SF | $26.00 NNN

Suite 300 has recently been updated and flaunts modern finishes throughout. Located on the third floor, this suite can be combined with neighboring suite 301 for a combined total of 13,475 SF.

Suite 301 | 9,436 SF | $26.00 NNN

Located on the third floor, this suite can be combined with neighboring suite 301 for a combined total of 13,475 SF.

 

1515 Walnut Street

Suite 200 | 1,998 SF | $25.00 NNN

A wide open floor plan AND exposed brick? It doesn’t get much better than that. Suites 200 and 300 can be combined for a total of 4,035 SF. Suite 200 is divisible to 500 SF.

Suite 300 | 2,037 SF | $25.00 NNN

Suite 300 boasts modern finishes and boasts the most spectacular Flatiron Views – visible from not only through the windows, but on your private deck space as well. Suites 200 and 300 can be combined for a total of 4,035 SF. 

Please call one of our WWReynolds team members with any questions you might have, we are always around and happy to answer your questions.

Boulder company to watch: Artimus Robotics

Boulder-based Artimus Robotics is paving the way for robotic advancement in the physical world by developing ground breaking HASEL technology. Artimus recently signed a new lease at 2985 Sterling Court, a building leased and managed by WW Reynolds and owned by Ivy Realty out of Connecticut. We had the opportunity to catch up with the Artimus Robotics team to hear more about what we should expect from them in years to come.

WWR: Give us a bit of background of Artimus Robotics, how did you get started?
Artimus Robotics: Artimus Robotics is a robotic hardware technology company. We are changing the way robotics and automation move by providing life-like motion that can move like you and me. Our breakthrough technology called HASEL artificial muscles provides a new way to make motion by using flexible and soft materials rather than metals and hard-plastics common in traditional robotics. Our actuator technology was developed at the University of Colorado Boulder by the founding team of Artimus. During their PhD careers, the founders of Artimus saw the commercial potential of this technology and received significant commercial interest from companies such as Google and the US Navy and thus in late 2018, Artimus was born. Currently we operate in a variety of industries including defense, industrial automation, human-machine interfaces, as well as a few other experimental applications.

WWR: How did your team at Artimus Robotics come together?
Artimus Robotics: The founding team of Artimus met each other while pursuing their PhDs in the mechanical engineering department at CU Boulder. It was during this time that they developed the technology that is the foundation for Artimus Robotics. Our team has a diverse range of technical backgrounds, ranging from materials science, to design, to mathematics which allows us to tackle the most challenging technical problems as we bring our technology to market.

WWR: You just signed a new lease in Boulder, what made you choose that location?
Artimus Robotics: Artimus Robotics chose Boulder for its location for its proximity to the fantastic technology and start up ecosystem. We have benefited immensely from our Boulder ties, from the University, to the Small Business Development Center, to the countless mentors and advisors in the area, Boulder is an obvious choice for us to lay down our roots. Plus the proximity to the fantastic mountains and outdoors is always a great driver for encouraging our customers and investors to visit us, when health conditions permit of course.

WWR: Tell us about your experience working with WWR.
Artimus Robotics: Working with WWR was seamless for us. This was actually our first commercial lease and WWR was more than accommodating for helping us through the process. Together with our broker,  Christian Smith at the Colorado Group, we were able to quickly find common ground for the terms of our lease. We are truly thrilled with our new location, from the rate to the facilities, it fits us just perfect.

Where do you see the company in 5-10 years?
Artimus Robotics: In 5-10 years I believe Artimus Robotics will be a leader in robotic and automated motion in a variety of different sectors. We truly have a platform technology with the potential to unlock ground breaking robotics applications that have often only been envisioned in science fiction rather than real life. From healthcare to agricultural fields, we believe the missing link in many futuristic robotic applications has been the ability to automate physical processes. Artimus is excited to use our technology to unlock this bold vision.

Featured Listing: Single Offices Perfect for Social Distancing

As a result of COVID-19, some businesses and individuals are seeking private, socially-distant spaces to carry out their work. We are able to accommodate the demand with many of our single-office suites or suites with private office spaces, perfect for staying safe at work. Take a look at what we have available all across Boulder.

Give us a call with any questions!

The James Building

1920 13th St | Boulder, CO 80302

This 1900s Queen Anne style historic building lies in the heart of downtown Boulder. It features well-appointed second-story office suites and operable windows.

Suite B1: 295 SF | $750/Month

Suite C1: 327 SF | $800/Month

Suite C2: 368 SF | $950/Month

Suite C3: 368 SF | $750/Month

Suite C5: 298 SF | $750/Month

SEE LISTINGS

 

1350 Pine

1350 Pine St | Boulder, CO 80302

1350 Pine is a 3-story ivy covered office building in an excellent Downtown Boulder location. The property currently has 4,105 Square Feet available for lease, with many small offices available.

Suite 1: 891 SF | $16.00 NNN

Suite 2: 716 SF | $16.00 NNN

Suite 3: 891 SF | $18.00 NNN

Suite 5: 891 SF | $18.00 NNN

Suite 6: 716 SF | $18.00 NNN

SEE LISTINGS

 

1720 14th

1720 14th St | Boulder, CO 80302

Located in the Heart of Downtown Boulder, 1720 14th is ideally located by Pearl Street Mall, RTD transit stations, and more! Available for lease or purchase, this building has plenty of private offices perfect for socially distant work.

Suite 101: 2,407 SF | 4 Private Offices

Suite 200: 5,279 SF | 10 Private Offices

SEE LISTINGS

 

The Cartwright Building

1320 Pearl St | Boulder, CO 80302

This historical office building is located in the center of Pearl Street Mall. There are upgraded finishes throughout the entire building, a rooftop deck, and plenty of room to keep distant while at work.

Suite 102: 1,136 SF | $9.85 NNN | 3 Private Offices

Suite 103: 778 SF | $9.85 NNN | Private Office

Suite 105: 356 SF | $9.85 NNN | 2 Room Private Office

Suite 320: 4,334 SF | $24.00 NNN | 10+ Private Offices

SEE LISTINGS

Growth Ahead for Downtown Boulder’s 15th Street Design District

A bright future for the former home of the famous Liquor Mart

Earlier this year, a Downtown Boulder classic, Liquor Mart, announced they were closing their doors for good, unrelated to current circumstances. Many in the area will remember shopping Liquor Mart through their college years or how the store took a chance of so many local, craft breweries. 

The property, which is located at the southeast corner of 15th Street and Canyon Blvd., will bring 150 apartments and a significant amount of ground-floor retail space. 

The Liquor Mart property also happens to be situated in the heart of the 15th Street Design District (15SDD), an area which spans both sides of 15th Street from Canyon to Arapahoe and is home to some of Boulder’s premier interior designers, architects, and graphic/web designers. 

One of our own listings, 1720 14th Street, which is currently for sale or lease, is also situated in the heart of the 15SDD. As the district continues to grow and the redevelopment of Liquor Mart proceeds, this art deco building holds an exciting future for its next owner and tenants. 

Downtown Boulder Office Space For Lease 1720 14th Street

The property is within walking distance of the Boulder Farmers Market, the Pearl Street Mall, and the Boulder Creek Bike Path. In case you weren’t sold, here are some other features of this area which make it a valuable real estate investment.

Education

Within a 2 mile radius of Downtown Boulder sits The University of Colorado and Naropa University in addition to a handful of Boulder Valley School District Schools and private schools. With schools right around the corner, it’s not surprising that the shift to living close to downtown is popular amongst families and singles alike.

Access to public transit and bike paths make getting in and out of downtown pain free. Forget the parking woes and leave the car in the garage- everything is walking distance.

World Class Eats

The food scene in Downtown Boulder has always been lively and diverse- and the pandemic hasn’t changed that. In fact, with the addition of “al fresco” dining options, which allow for restaurants and bars to expand into sidewalks, parking lots, and streets for an expanded patio experience, the streets of Boulder have never been more inviting. With plenty of patio options in addition to take-out, you definitely won’t be going hungry here. Why get it for delivery when you can walk around the corner to grab it?

What makes Downtown Boulder so remarkable is its ability to combine the classic staples of the region, like the Dushanbe Teahouse, with newer institutions like Rosetta Hall and the soon to be open Avanti Food & Beverage. The restaurants and bars in the neighborhood attract residents from all over the region, not just Boulder itself.

The Commute-Free Life

Commercial spaces in Downtown Boulder are highly-coveted. The demand for more affordable residential real estate in the neighborhood is largely due to the proximity to offices and businesses that are downtown. While many of us are working from home, there is much evidence to suggest that in-person office culture will remain relevant even as we reemerge from the pandemic. Even large tech companies who have offered the most flexible work-from-home options are holding on to their offices for when it’s safe to return to them.

WHOLE FOODS MARKET SIGNS LEASE ON NEW LOCATION IN BOULDER, COLORADO

— PRESS RELEASE —

WHOLE FOODS MARKET SIGNS LEASE ON NEW LOCATION IN BOULDER, COLORADO

Whole Foods Market will join a throng of healthy- and natural-living retail stores in the south Boulder Table Mesa Shopping Center

June 11, 2020 — Boulder, CO — W. W. Reynolds announces that Whole Foods Market will be an anchor tenant at the Table Mesa Shopping Center in South Boulder.  Whole Foods Market recently signed a lease for the 32,000 square foot space formerly occupied by Lucky’s Market.

As the only natural food store in the Table Mesa Shopping Center, a south Boulder retail center which is owned and managed by W.W. Reynolds, Whole Foods Market will join other natural and healthy living retail businesses such as Flatiron Natural PetBoulder’s Natural Animal Hospital, and Orange Theory Fitness.

Located at the intersection of Table Mesa Drive and Broadway, the Table Mesa Shopping Center captures the robust South Boulder market. An estimated 57% of Boulder’s population resides south of Baseline Road, but of the more than 30 grocery retailers in Boulder, only three are located in this area. Whole Foods Market will become the fourth.

“It is an ideal space for Whole Foods,” said Chad Henry, a broker with W.W. Reynolds. “The size and location are a fit, plus, as a former grocery store the space already had great existing infrastructure.”

About W.W. Reynolds Real Estate Services
The W.W. Reynolds Companies is a commercial real estate development, leasing, and professional property management firm. W.W. Reynolds owns, manages and/or leases more than 3 million square feet of commercial office, retail and industrial property in Boulder, northern Colorado, and along the Colorado Front Range. We provide the full spectrum of integrated real estate services that create and enhance value, helping maximize the return on our clients’ real estate investments. Please visit our website at www.wwreynolds.com.

CONTACT INFORMATION:
Chad Henry
chenry@wwreynolds.com
(303) 442-8687

KJUS Brings Premium Sportswear to Pearl East

Pearl East Business Park houses some of Boulder’s most interesting and trendy businesses, including the sports apparel company, KJUS.  We recently had the opportunity to interview the KJUS team members who helped us learn how they are different from other sportswear brands, why they do that they do and understand their expansion plans at Pearl East Business Park

WWR: What is KJUS?
KJUS: KJUS crafts innovative and premium sportswear that strengthens the performance of passionate athletes and is engineered for people with active lifestyles. We focus on high-performing ski and golf wear and also craft a small, technical lifestyle collection. Some of our greatest innovations include fabrics that regulate body temperature, offer freedom of movement and provide exceptional comfort.

Our very being was forged through a combined passion to enable people to reach the absolute top of their game. Olympic ski champion Lasse Kjus founded KJUS in 2000 to fill a gap in technical and functional ski apparel during a time when fashion was the focus. Shortly thereafter, our brand expanded to bring innovation to the golf-wear market.

In Summer 2019 we were acquired by Acushnet Company, owner of high-end golf brands such as Titleist, Footjoy and Scotty Cameron. We recently began transitioning many of our functions from Switzerland to our North American headquarters here in Boulder.

Why did you expand into the Pearl East location?
KJUS: KJUS has been fortunate to experience a period of growth that requires more room for associates and business operations. We’re looking forward to building out a space that better supports our team’s collaborative efforts and provides an enhanced showroom to invite our partners to view our latest technologies and collections.

What about Boulder attracted you to the city?
KJUS: The decision to remain in Boulder was important so that we can stay close to premium ski resorts and quickly access the top golf courses between both the East and West coastlines, enabling us to keep a pulse on our core consumer base. We also love that Boulder is close to other outdoor recreation, ensuring our associates can maintain a positive work/life balance. We’re fortunate to not only enjoy the mountain views from Pearl East but also to walk out the door at the end of the day and enjoy the amenities of the Front Range.

What’s next for KJUS?
KJUS: Our team of engineers are constantly inventing top-secret fabric, insulation and innovations. We’re putting finishing touches on our Spring/Summer 2021 golf-wear line and are preparing to deliver the exciting new Fall 2020 lifestyle and ski collections.

What Will Commercial Real Estate Look Like Post-COVID?

The impact of COVID-19 has been felt by every industry, with lay-offs and work disruption taking place nationwide. Commercial real estate is also experiencing a transition. With more people working from home and shopping online into the foreseeable future, real estate will experience some shifts.

As always, our team at WW Reynolds is carefully watching these changes, making adjustments, and finding new opportunities for our clients.

While much remains unknown, we anticipate some of the following shifts in real estate during and after COVD-19.

Higher demand for industrial space

By 2023, industrial real estate demand is expected to increase by at least 850 million SF, and according to Deloitte, the rise in e-commerce sales is to blame. E-commerce has grown by 14.8% in a 5 year period between 2012-2017 according to the same study. And, with large volumes of space being fairly limited, it’ll only become more difficult to secure a lease on industrial space. This trend can easily be exacerbated by consumers nationwide increasing home deliveries due to COVID. Many businesses can now only operate from afar, and the powerful ability to ship items quickly relies on industrial space capacity.

That said, Boulder does have some large scale flex space coming on the market this year. Check out the fully renovated Sterling campus.

The office of the future

Despite the dramatic increase in remote working and working from home (both due to COVID and changing trends in recent years), there is still value in company offices. We don’t believe the company office is going away, but will serve different functions. Instead of office buildings that serve as hubs in city centers, there may be a rise in smaller, satellite offices. This would be for a few reasons. First, public transit will be operating at a reduced capacity, making commuting not only risky, but inconvenient, and second, smaller satellite offices will make adhering to social distancing easier. For the foreseeable future, offices will most likely be outfitted with physical workspace barriers and signage that encourage 6 ft. social distancing.

Several of our listings are uniquely set up to accommodate safe office working, both now and into the future. The 10,098 SF building at 1720 14th Street in downtown Boulder for sale and for lease offers ten big separate offices, each of which can be subdivided into two offices. Considering how open office space has been in high demand in recent years, 1720 14th Street offers an especially rare opportunity.

Real estate transactions

Boulder County has released guidelines for the Safer-at-Home COVID phase which now make activities related to real estate transactions, like open houses and showings, easier to conduct. However, many across the industry are encouraged to limit viewings where possible and leverage digital materials before a viewing is scheduled. This makes digital and online marketing more important than ever.

Check out virtual tours of our available spaces here.

Overall, it’s important to remember that commercial real estate is going through change. WW Reynolds has been around for many economic downturns and cycles of change over the years and it will be no different this time.

Boulder and the Sterling Campus Well Suited for Life Sciences

Perhaps now more than ever the world has turned to life sciences to find solutions to some of our biggest challenges. We are pleased to note that Boulder is quickly becoming a primary destination for life sciences, a catch all term that encompasses pharmaceutical research, medical technology, cell therapy, and bioengineering. While markets like Boston and San Francisco have historically been considered biotech hotspots, Boulder is making a name for itself, being primed as the next big market.

Life Sciences and Real Estate

In biotech concentrated markets, lab/office space has seen exponential growth. Commercial lab space in Boston increased by 25% in nearly 5 years. With $66 Billion invested in bioscience from 2014-2017, the sector shows no signs of slowing down, especially with the recent COVID-19 crisis. According to McKinsey, the race to rapidly develop vaccines and treatments has resulted in a scaling up of production and work space.

Innovation and research in life sciences is often dynamic and quickly changing, so large square footage and plenty of flex-space is always in demand, including office space, warehouse space, and laboratory space. The sector is projected to grow mostly at the hands of biotech startups so space needs vary greatly as time goes on. Many of these life sciences companies will buy or lease large properties in anticipation of future growth, even if they’re unsure of how much they’ll need or what they’ll need it for. This flexibility is important to industry professionals as research and findings change frequently.

Why Boulder is the next Life Sciences Innovation Hotspot

Colorado is the third most educated state in the nation due to its high percentage of bachelors and graduate/professional degrees. With institutions like the University of Colorado, NIST, NCAR and NOAH, Boulder already has a rich history of intellectual capital. But when you combine that with its strong startup culture, it makes Boulder an attractive destination for biotech. Last year, an estimated 1,000 biotech related jobs were added to Boulder alone.

Colorado also boasts a favorable tax climate for large corporations as well as a host of startup incubators, think tanks, and local governments that are supportive of STEM-intensive jobs.

And finally, location. Yes, the Rocky Mountains make Boulder a special place, but being located in between the East Coast and West Coast has distribution advantages as well.

Just in time for the Sterling Trio

Set to finish later in 2020, the Sterling Campus consists of three flex / office buildings that are 20,000-40,000 square feet each, with a total of 85,000 square feet available on the campus. The properties are suited well for biotech companies as they offer plenty of space for dynamic growth and multiple uses. The buildings can be designed to accommodate multiple types of buildouts whether that be 100% office space or a combination of office, lab and warehouse space.

SEE THE STERLING BUILDINGS