Madison Commercial Properties Announces Medical Office Lease

500 Discovery Parkway, courtesy of Madison Commercial Properties.

Madison Commercial Properties recently executed a lease at 500 Discovery Parkway in Superior. Youthbar Medspa signed a 5-year lease for Suite 175, consisting of 1,788 square feet of medical office space, for an undisclosed amount.

Jessica Smith, senior CRE advisor with Madison Commercial Properties represented Youthbar Medspa in the transaction, while Kegan McNutt, broker associate with Gibbons-White, and Chris Boston, vice president of Gibbons-White, represented the landlord.

“Youthbar is a well-established medical spa that’s served the Boulder County area for many years. Their previous business location, as well as the founder’s home, was destroyed in the Marshal Fire of December 2021. Securing this space affords them the opportunity to regain a presence in their community while rebuilding a foundation from which they will create satellite medical offices,” stated Jessica Smith, senior CRE advisor with Madison Commercial Properties. “As brokers, we often become close with our clients, helping them to realize their business goals. It was an honor to guide this amazing client through a very difficult time and to assist in a small portion of their recovery. This space is expected to open by the end of this year, following tenant improvements.”


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