facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Colorado

/

Life Sciences

/

Lease

/

2300 55th Street Boulder, C...

CordenPharma Leases 61,117 SF Life Science Property In Boulder, CO From TriTower Financial
LEASEDLife Sciences

CordenPharma Leases 61,117 SF Life Science Property In Boulder, CO From TriTower Financial

2300 55th Street Boulder, Colorado 80301, USA

Building Size

61,117 SF

Asset Type

Life Sciences

Closing

Jun 22, 2023

AI

A 61,117-square-foot life science property located at 2300 55th Street in Boulder, Colorado has been fully leased by CordenPharma. The property is owned by TriTower Financial, a Boston-based company. The property recently underwent renovations and offers amenities such as a fitness center, courtyard, and 180 parking spaces.

Summary of transaction details:

  • Property Type: Life Science
  • Transaction Amount: Not specified
  • Address: 2300 55th Street, Boulder, CO
  • Market: Boulder, CO
  • Square Footage: 61,117
  • Acres: 2.9

CordenPharma, represented by CBRE, has reached an agreement to lease the property from TriTower Financial. The deal highlights the collaboration between the tenant and landlord, providing a promising opportunity for both parties involved.

Players

CordenPharma
CordenPharmaTenant

Boulder Life Sciences Market Snapshot

Boundary boundary · Life Sciences · Lease transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93