Denver firm buys building in Gunbarrel
Last Updated: 15:09 October 23, 2013
Dean Callan and Co.'s president Becky Callan Gamble represented seller Spine II Group LLC, a group led by Gamble, her husband, Bruce Gamble, and her brother Scott Callan.
The building is home to Lucky's Market's headquarters, CareKinesis Inc., Barclay Capital LLC and Elithion Inc.
Star Mesa principal Bob Cardwell said his group likes the Boulder and Gunbarrel areas and believes the building's proximity to Longmont and the workforce that lives there makes it a strategic location for companies looking to lease space.
"Our view for that property is it's been well-maintained," said Cardwell, whose company owns property primarily along the Front Range but is dipping into the Boulder market for the first time. "We'll probably do a few enhancements. Our long-term strategy for that property is as a long-term hold."
Becky Gamble said Dean Callan and Co.'s property-management team will continue to handle management responsibilities of 5303 Spine for now. The Spine II Group built the building in the late 1990s.
"The partners collectively had some other projects that they wanted to do," Gamble said. "We owned the building for a long time, and felt it was just time."
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