Commercial growth in Gunbarrel is keeping pace with the growth along the rest of the Front Range. The newly constructed office and high-tech buildings are projected to fill up quickly.

 Tom Hill, of Wright-Kingdom Realtors Commercial Division said, “All of Boulder County is doing really well.  The leasing market for the smaller office spaces, 5000 square feet or less, has been better in the last few months than it was a year ago at this time. At first, we were leasing mainly to business people who lived in the Gunbarrel area.  Now, there are regional offices coming in. Gunbarrel is a good location.  It’s centrally located, with easy access to Boulder, Longmont, IBM and Interlochen.”    

 Several of the larger buildings recently built in Gunbarrel are designed to house high tech companies, with high floor-to-ceiling clearance and garage door style access on the backside of the building for shipping and receiving.  These are research and development facilities geared toward software development.

 The economic forecast for the state predicts that growth will continue in 2001, but at a slower rate.  According to the University of Colorado Business Research Division, Boulder County may not feel the full effects of the national slowdown in the economy and that growth will continue to expand into the first part of 2001.  

Commercial properties for lease and for sale 
Multi-tenant (*)  Research & Development (R&D) Industrial (Ind) 
 

New Construction        Cost to lease

Office Ind R&D  6120 Longbow Dr. 47,303 sq. ft.  $16 per sq. ft.     
6170 Longbow Drive 47,303 sq. ft.  $16 per sq. ft.
Office Ind R&D  6135 Gunbarrel Ave. 47,303 sq. ft.  $16 per sq. ft.
Office Ind R&D  6165 Gunbarrel Ave. 47,303 sq. ft.  $16 per sq. ft.

Previously Occupied Buildings
Office  5305 Spine Rd.  14,000 sq ft.  $11 per sq. ft.
Office/warehouse   6390 & 6420 Gunpark Dr.   45,000 sq. ft. total  $3,150,000 
          (For sale)
Office/retail  6545 Gunpark Dr.  3,750   sq. ft.  $13.00-$14 per sq. ft.