Monday, March 23, 2020

JLL secures $69.5 million refinancing for three-building office portfolio in Downtown Boulder, CO


One Boulder Plaza, a three-building, Class A office portfolio totaling 234,000 square feet in Downtown Boulder, CO

DENVER,CO – JLL Capital Markets announced it has arranged a $69.5 million refinancing for One Boulder Plaza, a three-building, Class A office portfolio totaling 234,000 square feet in Downtown Boulder, Colorado.

JLL worked on behalf of the borrower, The WW Reynolds Companies, to secure the five-year, non-recourse, permanent financing through a national bank.

 Leon McBroom 
One Boulder Plaza is located at 1800 Broadway, 1801 13th Street and 1301 Canyon Boulevard in Downtown Boulder. The three adjacent properties are positioned along Boulder’s main thoroughfares and are directly across from the Downtown Boulder RTD station providing tenants with connectivity throughout Downtown Boulder and the Denver Metro. 

Additionally, One Boulder Plaza is just one block from the historic Pearl Street Mall, one of America’s most famous pedestrian malls, and is close to numerous restaurants, shopping, entertainment, city parks and the University of Colorado campus. 

The three- and four-story properties feature two underground parking facilities for more than 300 vehicles and ground floor retail in two of the buildings. 

Overall, One Boulder Plaza is 97.1% leased to 24 tenants spanning the law, consulting, financial services and food and beverage industries. 

 Eric Tupler
The JLL Capital Markets team representing the borrower was led by Senior Director Leon McBroom and Senior Managing Director Eric Tupler.

For more news, videos and research resources on JLL, please visit the firm’s U.S. media center Web page: U.S. newsroom.


About JLL:

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. 

JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. 
                                                          

Contact: 

Kristen Murphy
JLL Senior Manager
 Public Relations
Phone: +1 617 848 1572

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