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Pearl St Pharmaca Building Sells – $2.15M

Jan 5, 2021

BOULDER — Commercial real estate manager Emerald Real Estate has acquired the former Pharmaca store at the corner of Pearl Street and 17th Street. The store with 3,334 square feet of retail space at 1647 Pearl St. was sold to a subsidiary owned by the Boulder-based Emerald in a deal earlier this month, according to Boulder County property records. It was previously owned by a real estate holding subsidiary registered to a residential address in Windsor. County officials last valued the property at $2.06 million.

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Developer Plans Spec Building at CTC

Jan 26, 2021

LOUISVILLE — Developer and commercial real estate investment management firm Exeter Property Group LLC recently purchased a 7.28-acre property at the Colorado Tech Center business park, where it plans to build a new 100,000-square-foot speculative flex industrial building. Exeter bought the property at 727 and 769 CTC Blvd., one of the few remaining developable parcels in the park, from Doug D’Apuzzo of Roscoe Development Corp., which had owned the parcel since 2014.Andrew Freemanof Freeman Myre Inc. was the broker in the deal. “He was planning on developing the site, but activity has picked up at the Colorado Tech Center and land values have gone up,” Freeman said of D’Apuzzo. “So this was a price he was willing to accept to sell the land.”

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Broomfield Industrial Proposal “Shocks”

Jan 26, 2021

BROOMFIELD — Neighbors in Broomfield’s Palisades Park neighborhood came out in force — virtually, of course — during Tuesday’s Broomfield City Council meeting to fight back against plans to build a huge new industrial complex close to their backyards. Developer SunCap Property Group has proposed a four-building, 526,000-square-foot light industrial and distribution campus on a vacant, roughly 76-acre parcel just east of Huron Street and west of Interstate 25. Several dozen public speakers joined the more than 100 residents who commented on the city’s development website to oppose the project, which was presented this week as part of the site-review process.

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