{"id":1004668363,"date":"2023-06-19T10:57:26","date_gmt":"2023-06-19T18:57:26","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004668363"},"modified":"2023-06-21T23:46:15","modified_gmt":"2023-06-22T07:46:15","slug":"cordenpharma-signs-life-science-lease-in-greater-denver","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/cordenpharma-signs-life-science-lease-in-greater-denver\/","title":{"rendered":"CordenPharma Signs Life Science Lease in Greater Denver"},"content":{"rendered":"
\"2300<\/a>

2300 55th St. Image courtesy of CBRE<\/em><\/p><\/div>\n

CordenPharma<\/strong>, a full-service Contract Development & Manufacturing Organization, has signed a lease to occupy 61,117 square feet at 2300 55th St., a life science<\/a> property in Boulder, Colo. CBRE<\/strong>\u2019s Blake Harris brokered the lease on behalf of the landlord, TriTower Financial Group<\/strong>.<\/p>\n

TriTower purchased the building from Trimble for $21 million in 2021, according to CommercialEdge data. FirstBank<\/strong> provided a $19.4 million acquisition loan, the same source shows.<\/p>\n

Completed in 1996 and recently renovated, the property incorporates advanced technology<\/a> features, providing tech-enabled meeting rooms, high-end office space and modern laboratory space. Amenities include a fitness center, a passenger elevator, controlled access and approximately 180 parking spaces.<\/p>\n

CordenPharma has other facilities in the site’s proximity, the lease at 2300 55th representing an expansion of the company\u2019s operations in the area. The firm will use the life science building for engineering, research and development operations.<\/p>\n

Located in Denver\u2019s Boulder submarket, the facility is close to an abundance of dining options, retail centers and green areas. Boulder Municipal Airport and Valmont City Park are within 1.5 miles from the property.<\/p>\n

The vacancy for lab and good manufacturing practice space in Boulder has reached 4.2 percent at the end of the first quarter of 2023, according to CBRE. The brokerage company has recently represented IDEAYA Biosciences in a 44,000-square-foot lease<\/a> transaction at 5000 Shoreline Court in South San Francisco.<\/p>\n","protected":false},"excerpt":{"rendered":"

CBRE brokered the full-building transaction on behalf of the landlord, TriTower Financial Group.<\/p>\n","protected":false},"author":3014,"featured_media":1004668365,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,1587,21742,21747,15],"tags":[32789,39600,38039],"class_list":["post-1004668363","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-denver","category-latest","category-office","category-west","tag-cbre","tag-firstbank","tag-tritower-financial-group"],"acf":[],"yoast_head":"\nCordenPharma Signs Life Science Lease in Greater Denver - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"CordenPharma has signed a lease to occupy 61,117 square feet at 2300 55th St., a life science property in Boulder, Colo.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/cordenpharma-signs-life-science-lease-in-greater-denver\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CordenPharma Signs Life Science Lease in Greater Denver\" \/>\n<meta property=\"og:description\" content=\"CordenPharma has signed a lease to occupy 61,117 square feet at 2300 55th St., a life science property in Boulder, Colo.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/cordenpharma-signs-life-science-lease-in-greater-denver\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-19T18:57:26+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-06-22T07:46:15+00:00\" \/>\n<meta name=\"author\" content=\"Diana Firtea\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/06\/2300-55th-St-Boulder-CO-80301_Credit-Virtuance-e1687179480870.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cordenpharma-signs-life-science-lease-in-greater-denver\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/cordenpharma-signs-life-science-lease-in-greater-denver\/\",\"name\":\"CordenPharma Signs Life Science Lease in Greater Denver - 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