October 14, 2024 3:19:57 PM
The office building at 2560 55th St. in Boulder’s Flatiron Park North Business Park. Provided by: Scott Latimer of Dean Callan & Co.
BOULDER — SciTec Inc., a New Jersey-based systems and sensor technology contractor for the defense industry, has nearly doubled its footprint in Boulder.
The company recently added 31,395 square feet at 2560 55th St. in Boulder’s Flatiron Park North Business Park, bringing its total footprint in the city to 83,026 square feet. SciTec also has space in Boulder’s Gunbarrel District.
Crescent Real Estate LLC released its Flatiron Park Business Campus (different from the nearby Flatiron Park North Business Park) portfolio in a record $625 million deal in 2022 for commercial Real estate investor and developer, owner of the Flatiron Park North building owned by Cytech. occupies.
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Dean Curran & Co. brokers Beau Gamble, Kevin Nelson and Becky Gamble represented Crescent in the lease transaction. Citec was represented by Gibbons White brokers Angela Topel and Michael Ryan McCarty.
“We are excited to expand our partnership with Crescent in Flatiron Park North. SciTec is proud to do business in Boulder, and this expansion will allow us to tap into the great talent in the local community. It will create more than 100 jobs,” SciTec Vice President David Simenc said in a prepared statement. Following the sale of Flatiron Park in 2022, Crescent will re-enter the Boulder market in 2023, with a total of approx. Acquired 16 properties measuring 562,000 square feet.
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