Bedford, MA (Boston)
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Sterling Drive
The Property consists of two buildings located in immediate proximity of one another at 5300 and 5305 Sterling Drive and a nearby building at 2300 55th Street, all located in Boulder, Colorado, and contain, in the aggregate, 108,351 square feet.
Highlights & Amenities
Tritower is redeveloping the Property to be state-of-the-art mixed office/lab space.
Tritower completed significant upgrades at the Sterling Drive Properties to make the buildings “lab-shell ready,” including adding sprinkler systems, elevators, HVAC equipment, and heavy electrical capacity.
The 2300 55th Property requires only minor modifications before it can be leased to a tenant who intends to utilize the Property as mixed office/lab space.
The buildings comprising the Property, as partially developed platforms, can be brought to market as functional lab space in less time than a ground-up development.
The speed of the redevelopment and leasing is key, as Boulder is home to a rapidly expanding life science cluster.
Its lab and life science market has become supply constrained in recent years, with a current vacancy rate below 1% and no ground-up development expected to be delivered in the next one to two years.
Location
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Notable Tenants
Amazon
Ford
Pfizer
Uber
Boston Scientific
IBM
The Capital Grille
Boeing
Fidelity
Ciena logo
General Dynamics logo
Rakutan logo
Lantheus logo
Novo Holdings logo
Columbia Threadneedle logo
Anduril logo
Learn More About Investment Opportunities with Tritower Financial Group
Tritower Financial Group, LLC is a Boston-based private real estate investment and management firm that sources, sponsors, and operates single-asset real estate investments.
Boston Headquarters
60 State Street, 22nd Floor
Boston, MA 02109
P: 781-222-5900
P: 855-725-5500
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