Acquisition of Sterling Drive, Boulder, CO – BizWest

Acquisition of Sterling Drive, Boulder, CO – BizWest

June 22, 2021

BOULDER — Just two years after buying an east Boulder building to house its local operations, technology company Trimble Inc. (Nasdaq: TRMB) has sold the building and consolidated its Colorado operations at its Westminster campus.

The consolidation means a loss of 140 jobs for Boulder, with Westminster also benefiting from relocation of jobs from Englewood.

TFG 2300 55th Street Property LLC, an arm of Boston-based Tritower Financial Group LLC, acquired the 2300 55th St. property — the former headquarters for Elevations Credit Union — June 1 for $21 million.

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Sale of 25, 35 & 45 West Watkins Mill Road, Gaithersburg, MD

Sale of 25, 35 & 45 West Watkins Mill Road, Gaithersburg, MD

August 21, 2019

A trio of Gaithersburg buildings with a heavy biotech tenant roster has sold for $53.25 million.

Pasadena, California real estate investment trust Alexandria Real Estate Equities Inc. (NYSE: ARE) bought the buildings in September from Boston’s Tritower Financial Group, which had purchased them just three years prior for $29.4 million, according to Montgomery County land records. The sale only became public in recent weeks.

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