Walnut Street – Sold

Address 3200 Walnut Street, 1825 33rd Street, 1865 33rd Street & 1885 33rd Street, Boulder, CO (Denver, CO)
Property Type Four Office/Lab Buildings
Size 147,555 Square Feet
Primary Tenant Array BioPharma Inc., a wholly owned subsidiary of Pfizer
Acquired August 9, 2018
Sold December 9, 2020
Syndicated September 25, 2018
Internal Rate of Return 36.9%
Average Annual Return 43%
Equity Multiple 1.96x
Highlights & Amenities:
  • Uniquely positioned in the marketplace, adjacent to Boulder Junction, a 160-acre transit hub and redevelopment area in the geographic center of the community
  • Asset with tenant upgrades in laboratory, creative office space and conference facility
  • Occupied by Array BioPharma Inc., a wholly-owned subsidiary of Pfizer