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$48M Refi for Three-Building Boulder, CO Office Portfolio
The W.W. Reynolds Companies secured $48 million in refinancing for a three-property office portfolio totaling 159,778 square feet along Walnut Street in downtown Boulder, CO. HFF worked on behalf of the borrower to secure the 12-year, sub 4%, fixed-rate loan through MetLife Real Estate Investments.
The portfolio comprises two historic buildings, Colorado (1919 14th St.) and James (1916-1922 16th St), that underwent renovations in 2014 and 2015, and the Wencel Building (1301 Walnut St.), which was completed in 2016. Overall, the properties are 96% leased to a diverse tenant roster, including companies in the technology, consulting, financial services and food and beverage industries.
HFF’s Leon McBroom handled the debt placement.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Financing

