Chicago-based Blue Vista Capital Management announced on its LinkedIn page this week the closing of Bolder Innovation Campus, a two-building, Class-A industrial portfolio totaling approximately 198,700 square feet. Special warranty deeds filed in Boulder County show Blue Vista paid $49.5 million. The seller was Los Angeles-based investment manager PCCP and United Properties.
Developed in 2023, the portfolio represents an opportunity to own modern industrial space with long-term in-place tenants, located in an easily accessible legacy industrial corridor of the greater Boulder MSA. Situated on 19.5 acres, the buildings have 24’ clear heights, 30 dock-high doors, and 4 grade-level doors, as well as state-of-the-art upgrades to power supplies, gas lines, building systems and production space.
“The acquisition of the portfolio was made as part of Blue Vista’s core plus investment strategies focused on multifamily, industrial and self-storage opportunities,” states the LinkedIn announcement.
In October 2023, Colorado-based aerospace company Tendeg leased 100,080 square feet at Bolder Innovation Campus for its new headquarters and an advanced manufacturing facility. Tendeg leased the entirety of Building 1 at 1350 S. 96th St., just off Northwest Parkway. Built in 2022 by general contractor Murray & Stafford, the Class A industrial building has a 24-ft. clear height, ESFR sprinkler system, dock-high and drive-in loading, and 3,000 amps of available power.
