North Beacon Capital Acquires Office Building On Cole Blvd In Golden, CO For $32.7M

The office property located at 1687-1707 Cole Blvd in Golden, CO has been sold in a transaction that closed on September 15, 2022. The property, spanning 155,610 square feet, was sold for a total price of $32,700,000, resulting in a price per square foot of $210. The buyer in this transaction was North Beacon Capital, while the sellers were Bancroft Capital and Viking Partners. The deal was facilitated by JLL brokers Larry Thiel and Jason Schmidt.

Summary of transation details

• Property Type: Office
• Transaction Amount: $32,700,000
• Address: 1687-1707 Cole Blvd, Golden, CO
• Market: Golden, CO
• Square Footage: 155,610
• Price per Square Foot: $210
• Buyer: North Beacon Capital
• Seller: Bancroft Capital & Viking Partners
• Brokers: Larry Thiel & Jason Schmidt - JLL

In this transaction, Larry Thiel and Jason Schmidt from JLL represented the buyer, North Beacon Capital, and facilitated the deal. The involvement of these brokers highlights the important role they played in negotiations and bringing the buyer and seller together.