Updated Oct 28, 2024
BioMed Realty Acquires Industrial Property In Boulder, CO For $625M
5500 Flatiron Parkway, Boulder, Colorado 80301, United States
$625,000,000
$113/SF
Building Size
5,500,120 SF
Asset Type
Industrial
Closing
Jun 1, 2022
About this deal
AI
The industrial property located at 5500 Flatiron Parkway, Suite 120 in Boulder, CO has been sold in a closed transaction. The property spans approximately 1,000,000 square feet and was sold at a price of $625,000,000, resulting in a price per square foot of $625. The buyer of the property is BioMed Realty.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $625,000,000
- Address: 5500 Flatiron Parkway, Suite 120, Boulder, CO
- Market: Boulder, CO
- Buyer: BioMed Realty
This transaction demonstrates the significant value and demand in the industrial real estate market in Boulder, CO. The sale of this property at a price of $625,000,000 highlights the attractiveness of the location and the potential for future growth in the area. BioMed Realty, as the buyer, has made a strategic investment in the industrial sector in Boulder, CO.
Players
Boulder Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.03%
Cash-on-Cash
-0.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93