Virtu Investments Buys Colorado Mixed-Use Property for $151M
Reve Boulder is located in a Qualified Opportunity Zone and scheduled for completion in the next several months.
Mar172021
Image courtesy of Southern Land Co. and GTIS Partners
Developer Southern Land Co. and financial partner GTIS Partners have sold the multifamily and retail components of Reve Boulder in Boulder, Colo. The $151.3 million sale was to real estate firm Virtu Investments. Located in a Qualified Opportunity Zone and bearing an address at 30
th and Pearl Streets, Reve Boulder is a mixed-use property featuring 242 residential units, as well as 17,500 square feet of retail space.