Nite Ize Invests in Real Estate, Software 

Nite Ize, a Boulder, Colo. manufacturing company, has recently made significant investments in real estate and software to accommodate growth in its consumer products business. The company has transitioned its enterprise resource planning and customer relationship management systems to Oracle while securing one of the last available 160,000-square-foot warehouses in Boulder County to serve as their new global distribution headquarters.

“Oracle works with nine of the top ten consumer goods companies in the world and is one of the best,” Nite Ize President Michael Boyd said. “We have goals for significant growth and this platform will help position us to get there.”

The additional square and cubic footage of the new facility, located in the Boulder Tech Center at 6303 West Dry Creek Parkway in Longmont, Colo., will also accommodate new growth with additional storage space for increasing inventory needs and high-volume order processing equipment.

Nite Ize was previously operating out of three locations in Boulder: a global office headquarters on Central Avenue in East Boulder, which will remain, as well as a manufacturing facility on Longbow Drive and a distribution center on Spine Road, both in North Boulder.  The new facility within the Boulder Tech Center replaces the Longbow Drive and Spine Road locations, allowing Nite Ize to consolidate operations with the help of features such as 28-foot clear heights. The building also offers a front park/rear load design with 16 docks, two drive-in doors, a newly installed ESFR fire suppression system and trailer parking. It was originally built in 1991 and renovated in 2013. The nearly 11- acre site is located along the Diagonal Highway, about six miles from downtown Boulder, and was previously leased by Case Logic (a subsidiary of Sweden-based Thule Group) which relocated last fall.

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“This building is one of the last remaining warehouses of its size still standing within Boulder limits,” said Brian McClenahan, Vice President with CBRE in Boulder. McClenahan and Chris Ball of Cushman & Wakefield represented Nite Ize in this off-market transaction which closed March 19, 2018. Nite Ize moved operations just last month. “Most companies are forced to leave Boulder when they need to expand, so this was a rare opportunity for Nite Ize to stay local yet still grow and modernize their operations,” McClenahan said.

“The challenges of growth are good to have,” said Boyd. “I am amazed at where this company is today. Tackling a massive consolidation and move of two facilities is one thing but doing it simultaneously with a transfer of critical business data to a new platform is another. Both were essential decisions for continued growth and our future success.”

 

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