Menlo Equities acquired a 96,267 square foot, two-story office building situated on 5.25 acres in Boulder’s Flatiron Business Park, four miles east of Downtown Boulder. The property is 100% leased through 2031 to Markit on Demand, a subsidiary of S&P “BB+”-rated IHS Markit.
Property Features
The building is configured in three pods, providing tenant abundant light and the ability to cluster business units
At acquisition, the majority of the building had been recently upgraded to a high-quality creative-office finish with an open layout and exposed ceilings
3:1,000 parking ratio, which is significantly above market and enables tenant’s high-density use of the space
Flatiron Business Park is easily accessible from Foothill Parkway, which is proximate to several employee housing communities and less than 15 minutes from West Boulder’s executive housing
Boulder is one of the country’s most desirable and highest-barriers-to-entry communities, and it is consistently one of the best-performing submarkets in the greater Denver region
Major tech companies, such as Google, Twitter and IBM choose to locate in Boulder because it offers employees an extremely high quality of life
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