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Boulder Office Portfolio Refinanced for $69.5M

One Boulder Plaza, courtesy of JLL.

The WW Reynolds Companies, a development and professional property management and leasing firm, has received $69.5 million in refinancing for One Boulder Plaza, a three-building, Class A office portfolio totaling 234,000 square feet in downtown Boulder.

Senior Director Leon McBroom and Senior Managing Director Eric Tupler with JLL worked on behalf of The WW Reynolds Companies to secure the five-year, non-recourse, permanent financing through a national bank.

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 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 percent leased to 24 tenants spanning the law, consulting, financial services and food and beverage industries.

 

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