New Investment Group Buys Six Boulder-Area Buildings
Good Investment Partners (GIP), a new Denver-based private equity firm, has acquired a portfolio made up of six different projects. The combined grouping of flex, industrial and office spaces makes up a total of 184,462 square feet.
The six projects are situated on a combined 13 acres. The combined sales price was listed at $39 million. Westside Investment Partners was the seller, who was represented by three Newmark brokers.
Three of the buildings are on Winchester Circle and the other three are nearby at the Twin Lakes Business Park on Nautilus Circle in Boulder, Colorado. The new buyers will start immediately on some exterior renovations.
GIP, which started in January, is made up of handful of area real estate veterans who left their previous groups to form GIP.
Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.