The Blue Line and Commercial Real Estate in Boulder
The Blue Line started out in the 1960s when, Robert McKelvey
Industrial Spaces Broaden Their Horizons in Boulder
What kind of business will you find in your local warehouse?
Relocating to Boulder: The Best Questions CEOs Are Asking
So what should you keep in mind when looking for an office space
What are Triple Nets, anyway?
Triple nets refer to three monthly expenses tenants must account for beyond base rent. Tenants often overlook this added (and often significant) expense when planning their gross monthly rent. It is common to only look at the base rent and overlook this often very large expense. In some cases, triple nets can cost as much as your base rent. Triple nets, commonly referred to as NNN or Operating Expenses on leases, are the expenses tenants pay on top of base rent: taxes, insurance, and common area maintenance. Triple nets are calculated per square foot. In the Boulder area, they can be around $3/square foot for an industrial space and $10-12/square
10 Reasons Why You Should Move to Boulder
Thinking of making a move to Boulder? Aside from the famed Flatirons, which thousands of tourists seek to experience year in and year out, the municipality of Boulder is about more than just a pretty place. This “city nestled between the mountains and reality" is also a foodie’s paradise, chock-full of excellent restaurants, bars, and breweries, and farmer’s markets where the gastronomical choices are endless, whatever your food lifestyle is. Regarded as the country’s “happiest city”, fitness is also such a huge deal to Boulderites that the bike to person ratio is practically 1:1, and most of the time, bike paths
Where Have All The Industrial Spaces Gone?
Where have all the industrial spaces gone? Not long ago, much of East Boulder was filled with industrial spaces that cost between $8-12/SF gross. Now businesses are finding it hard to renew their leases at ever higher rates. If they consider moving, they are faced with a low-vacancy market and landlords that are not willing to renegotiate much on rent or concessions. Landlords want to get the “Highest and Best Use”- which is thrown around in the market, but effectively means landlords are holding out for the tenant that is willing to pay the most for the real estate. Tech companies, breweries, distilleries, coworking spaces and
Where Have All The Industrial Spaces Gone?
Where have all the industrial spaces gone? Not long ago, much of East Boulder was filled with industrial spaces that cost between $8-12/SF gross. Now businesses are finding it hard to renew their leases at ever higher rates. If they consider moving, they are faced with a low-vacancy market and landlords that are not willing to renegotiate much on rent or concessions. Landlords want to get the “Highest and Best Use”- which is thrown around in the market, but effectively means landlords are holding out for the tenant that is willing to pay the most for the real estate. Tech companies, breweries, distilleries, coworking spaces and
Ras Kassa’s Ethiopian eatery finds permanent home in Lafayette
The search for a permanent home for the displaced Ras Kassa’s Ethiopian Restaurant, which began almost two years ago before the celebrated eatery was ousted to make space for the slated Google campus, has ended in Lafayette. [click here to read more…]
Todd Walsh Helps Local Investor Purchase Third Investment Property in Boulder
BOULDER, Colo. – 11/16/2016 – On 11/14/2016 Boom Properties, a Boulder based commercial real estate firm, assisted their client, Abboud Properties 47th Street, LLC, in the purchase of 3005 & 3015 47th Street on the NE corner of Foothills Parkway and Valmont Road in Boulder. Located in the Vantage Point Office Park, this property includes two buildings totaling 8,884 SF and is 100% occupied by eight office users. Purchased at $1,550,000, this property is an excellent addition to the investor’s portfolio. About Boom Properties Boom Properties was established in 2016 by Jessica Deiter, Mollie McQueen, and Todd Walsh as a commercial real estate and property