CBRE Completes $2 Million Sale of Office/Medical Laboratory in Golden

CBRE announced today that the firm recently completed the $2 million sale of an office/medical laboratory building located in Coors Technology Center at 4670 Table Mountain Drive in Golden, Colo. CBRE’s Monica Wiley and Jeff Wood represented the seller, CB/Colorado Technology Venture. The buyer, Beliveau Holdings also of Colorado, purchased the 10,681-sq.-ft. property in a sale that closed Feb. 7, 2019.

“4670 Table Mountain Drive is in excellent condition and strategically located near highly skilled labor. The proximity to the Colorado School of Mines, University of Colorado at Boulder and the University of Colorado Anschutz Medical Campus gave the buyer confidence in the property’s ability to retain or attract new tenants over the long term,” said Monica Wiley, Senior Associate with CBRE Capital Markets in Denver. 

Built in 2007, the single-tenant building is located in the Coors Technology Center, 10 minutes from downtown Golden and within walking distance of hiking and biking trails. The property includes office space plus a clean room for the development and manufacturing of medical devices. It is currently fully leased to Mermaid Medical, an international medical device company headquartered in Copenhagen, Denmark.

4670 Table Mountain Drive is located just north of the intersection of Highway 58 and McIntyre Street in Denver’s West submarket, which is also home to large corporations like Lockheed Martin, CoorsTek and Terumo BTC.

“Most consider the West Denver office market, and Golden in particular, to be a rare combination of excellent access to transit with nationally renowned outdoor amenities and a coveted labor base,” added Jeff Wood, Associate with CBRE Capital Markets in Denver.