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5500 Flatiron Parkway, Boul...

Updated Oct 28, 2024

BioMed Realty Acquires Industrial Property In Boulder, CO For $625M
SOLDIndustrial

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

BR
BioMed RealtyBuyer

Boulder Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $113 per square foot on a published $625M for 5,500,120 square feet (2022).

Browse Colorado industrial sales on Traded.

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

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