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BioMed Deal is Largest Single-Asset Sale in Colorado History
JLL‘s Capital Markets group has closed the record-setting sale of Flatiron Park, a 22-building life sciences and office campus totaling one million square feet in Boulder, CO. The sale represents the largest single-asset sale in Colorado’s history.
JLL’s Mark Katz, Peter Merrion and Hilary Barnett, supported by Phillip Anderson and Kelly Kramer, worked on behalf of the seller, a joint venture between Crescent Real Estate, the Real Estate business of Goldman Sachs Asset Management and Lionstone Investments.
BioMed Realty, a Blackstone portfolio company, purchased the campus, reportedly for north of $600 million, and plans to invest an additional $200 million in the property.
“BioMed’s acquisition of Flatiron Park will greatly benefit the rising life sciences ecosystem in Colorado,” Katz said. “BioMed is one of the top life sciences and technology real estate companies in the world and we are unbelievably excited to see where they will take this project.”
- ◦Sale/Acquisition



