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“When you think about Boulder's lifestyle attributes, entrepreneurial spirit, and natural beauty, it really feels like an unparalleled place to live and work, and we don't see that changing,” says Jay Snover, a director with Graham Street Realty. “

The light industrial assets added to Colony's portfolio total approximately 7.7 million square feet in 48 buildings in nine markets. The properties are located across the US in Northern and Southern California, the State of Washington, Oregon, Nevada, Illinois and Pennsylvania.

Jeffrey LeFrancois, formerly the BID's director of operations and community affairs, takes the reigns at the not-for-profit business alliance.

CEO Brett Landes says the company expects to close on 35 assets in the first quarter.

The development, being built on 56.4 acres in the Southwest industrial market of Charlotte, will total 621,000 square feet and will involve four industrial buildings ranging in size from 58,000 square feet to 223,000 square feet.

The pipeline includes Standard Hotels first European property—The Standard, London, which is opening this spring in Kings Cross. The 266-room property is being developed at the historic Camden Town Annex across from St. Pancras Station.