SKB & Landrock Acquire Walnut Business Center

 


ScanlanKemperBard and Landrock are pleased to announce the purchase of the Walnut Business Center, a significant urban industrial and retail complex situated in the heart of Boulder, Colorado. This acquisition underscores SKB and Landrock's dedication to revitalizing important properties and enriching the communities they are a part of.


The Walnut Business Center consists of eight buildings spread across a vast 6.4-acre city block in central Boulder. This property offers a distinctive opportunity for both economic advancement and community growth.


"Our vision for the Walnut Business Center extends beyond a mere real estate investment," stated Todd Gooding, President of SKB. "We are devoted to transforming this property into a contemporary, lively space that caters to the requirements of current tenants and enhances the overall community fabric of Boulder. We eagerly anticipate collaborating with existing and future tenants to establish a workplace where employees can flourish!"


SKB and Landrock intend to make substantial investments in capital improvements to update the Walnut Business Center. The redevelopment will concentrate on establishing a cutting-edge urban mixed-use district that accommodates a diverse range of tenants. Planned enhancements include improvements to roofing, parking lots, and mechanical systems, as well as significant aesthetic upgrades.


"Following rebranding, the Walnut Business Center will be reintroduced to the market as a campus of institutional quality," remarked Landrock Partner Beau Wittmer. "Our objective is to develop a space that not only caters to top-tier tenants but also makes a positive contribution to the Boulder community by offering a modern, efficient, and visually appealing environment."


The property's central position between Walnut Street and Pearl Parkway, just two blocks away from Highway-36, ensures exceptional connectivity to the entire Boulder community. The vicinity is home to major corporations such as Google, IBM, and Qualcomm, as well as amenities like the Twenty Ninth Street mall, along with numerous recently completed and ongoing multifamily developments.


More Information : https://www.techdogs.com/tech-news/pr-newswire/scanlankemperbard-skb-and-landrock-announce-acquisition-of-walnut-business-center-in-boulder-colorado-with-plans-for-modernization-and-community-enhancement

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