News release

GIP acquires Boulder industrial and office portfolio financed with a $27M loan

JLL Capital Markets arranged the financing for the six-building light industrial and office portfolio 

May 20, 2022

Kimberly Steele

Industries, Work Dynamics and PDS PR
+1 713 852 3420

DENVER, May 20, 2022 – JLL Capital Markets announced today that it has arranged $27 million in acquisition financing for a light industrial and office portfolio comprising six value-add properties totaling 184,462 square feet in Boulder, Colorado.

JLL worked on behalf of the borrower, Good Investment Partners (GIP), to place the floating-rate acquisition loan with Argentic Investment Management LLC. Following their acquisition, GIP plans to enhance the properties within the portfolio and provide best-in-class space for small-to-mid size companies in the market.

Spanning a total of 13.1 acres, the portfolio is in the heart of Boulder County approximately 10 minutes from downtown. Boulder is experiencing tremendous growth with the recent entry of institutional investors attracted by an educated workforce and university that helps drive innovation and advancement. The city is currently experiencing the largest volume of venture funding growth in the nation, which is helping to fuel the area into becoming an innovation hub. The buildings are all within the Gunbarrel Industrial submarket, which continues to maintain low vacancy rates and high demand, and directly off the Diagonal Highway, which connects Boulder to the maturing city of Longmont. 

The portfolio comprises a mix of six single- and multi-tenant buildings at 6797, 6837 and 6899 Winchester Circle (Gunbarrel Technical Center) and 4695, 4697 and 4699 Nautilus Court (Twin Lakes Business Park). Completed between 1982 and 2001, the 87.8-percent-leased portfolio offers its 23 diverse tenants cost alternative flex space that is proximate to the rapidly growing Boulder MSA. The portfolio features clear heights ranging from 13.6 to 20.5 feet slab to deck and high office finish, along with a total of 21 grade-level doors, 19 dock-high doors and ample parking.

The JLL Capital Markets team that represented the borrower included Directors Jason Carlos and William Haass. Good Investment Partners Managing Partner Ryan Good and Vice President and Partner Hannah Cope led the transaction on behalf of GIP.

“It is no secret that Boulder’s strong historic fundamentals have been successful in attracting tech companies and a diverse talent pool, all while offering a high quality of life,” Cope said. “Boulder’s continued economic growth has put it at the fore front nationally and internationally as a leader in R&D, technology, biotech, manufacturing and other mission-critical operations. We’re confident this portfolio will benefit from a disproportionate share of economic growth as demand continues to outstrip supply across the industrial sector.”

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

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About JLL

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $19.4 billion, operations in over 80 countries and a global workforce of more than 100,000 as of March 31, 2022. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit

About Good Investment Partners

Good Investment Partners is a Denver-based investment firm leading the next generation of real estate investment and development. The company invests in high-performing assets and companies in emerging and established markets across the western U.S. that yield risk-adjusted returns while making a positive impact in local communities. Offering more than 30 years of combined industry experience, the team has executed more than $2.5 billion in transactions. For more, visit