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BioMed Realty Leases 64000 Square Feet To CordenPharma Colorado At 5505 Central Avenue
LEASED
Colorado
See Similar DealsLife Sciences64,000 SF
Leased 03/05/2026
LEASED
BioMed Realty Leases 64000 Square Feet To CordenPharma Colorado At 5505 Central Avenue
5505 Central Avenue
See Similar DealsLife Sciences64,000 SF
Leased 03/05/2026
Summary
COLORADO
Asset Type:Life Sciences
Price Per Square Foot:$0
Total Square Footage:64,000 SF
Transaction Type:Lease
The property involved in this transaction is a life sciences asset located at 5505 Central Avenue, Boulder, CO. The facility measures 64,000 square feet and is certified as a LEED Gold facility.
Summary of transation details:
- Property Type: Life Sciences
- Transaction Amount: Not provided
- Lease Term: 15 years
- Landlord: BioMed Realty
- Tenant: CordenPharma Colorado
BioMed Realty has entered into a long-term agreement with CordenPharma Colorado, signing a 15-year lease for the entire 64,000-square-foot building, which was recently completed and certified with LEED Gold status.
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$3,668,441.38
Total Lease Value
$36,684,413.80
Net Landlord Cash Flow$3,668,441.38
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