CordenPharma Proposal

HO

OPTIONS SUMMARY BOULDER LABS

Boulder Labs 5330 Sterling Drive Boulder, CO 80301

BUILDING NAME & ADDRESS

LANDLORD

Ivy Realty

PROPERTY TYPE

Lab Ready Shell

39,251 SF 2 Stories

TOTAL SIZE & STORIES

1st Floor - 23,206 SF 2nd Floor - 16,045 SF Total - 39,251 SF (Entire Building) $50.00 - $55.00/SF NNN $12 - $14/SF in Opex (Estimate) $62.00 - $69.00/SF

TOTAL AVAILABILITY

ASKING RATE(S)

• Steelwave is close to going under contract to purchase this – will look to deliver “lab shell ready” space • Interior of the building has been demoed and is ready for tenant improvements • Neighboring buildings have been converted from office to lab shell ready space - this building has only been demoed, with exterior cosmetic renovations underway

NOTES

44 CORDENPHARMA Proposal for Real Estate Services