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Longtime Downtown Business Moves East
As the Downtown Boulder office market continues to tighten businesses look east for deals
BOULDER, COLORADO – January 15, 2015 – Rising rents and limited availability continue to push businesses out of downtown Boulder.
Johnson Kightlinger and Company recently secured a long-term lease on a building at 4999 Pearl East Circle. after over 30 years at 2300 Broadway, the move is a significant one for the company. Mark Kightlinger said of the transaction “We are happy we could find a new office space in Boulder that is well managed, conveniently located, and affordable. We look forward to continuing our work in the Boulder business community”
Todd Walsh represented Johnson Kightlinger in the transaction, and the landlord was WW Reynolds.
“Office rates are on average 20% less than their downtown counterparts and landlords are more willing to participate with tenant finishes, free rent and other concessions as incentives to lease their properties.“ said Walsh.
For more information contact Todd Walsh at (303) 444.4888