ap

Skip to content
Author
PUBLISHED: | UPDATED:
Getting your player ready...

A Boulder-based software company is moving its headquarters and 200 jobs to Broomfield.

Webroot has signed a lease for 100,000 square feet of space at Central Park Tower, an 11-story building at 385 Interlocken Crescent, according to people familiar with the deal.

The company is joining Cloud Peak Energy, which is relocating from Wyoming, and Sybase, a technology company moving from Boulder. The deal brings occupancy in the 300,000-square-foot speculative building, developed by Boston-based Franklin Street Partners, to 52 percent.

Webroot officials declined to comment. Chris Silvestri, a principal with CresaPartners who represented Webroot in the deal, also declined to comment.

David Hart of CB Richard Ellis, who represented Franklin Street, declined to discuss the deal. However, he said Broomfield has become an increasingly attractive location for companies growing out of Boulder.

“Companies that want to grow and attract employees are coming here,” Hart said.

Franklin Street is the largest landlord in the northwest office market, Hart said. It owns two more buildings at Interlocken totaling about 484,000 square feet. It also has another site it can build on.

“It’s very refreshing to deal with a company that’s taking a long-term view of things and not looking to get it completed and flip the building,” Hart said.

The Broomfield City Council approved a deal that cuts Webroot’s tax bill over the next 10 years by $95,000 if it employs at least 220 people in Broomfield by the end of this year.

“Clearly, in the council’s mind, the benefit far exceeds any relief it gave them on property taxes,” Broomfield Mayor Pat Quinn said.

It’s the second such deal the city has made in recent months to bring jobs to Broomfield. In March, the council approved a deal that will give TransFirst Holdings a tax rebate of up to $48,244 over 10 years if the company moves its software-development unit to the Mountain View Corporate Center.

TransFirst is a payment-processing company based in New York. It has about 770 employees and a large office in Louisville, according to its website.

Margaret Jackson: 303-954-1473 or mjackson@denverpost.com

RevContent Feed

More in Business