Denver-based developer Comunale Properties has secured two leases on its first phase of the Summit at Colorado Technology Center industrial development and will begin work on the project's second phase.

“When Comunale Properties announced this project, it was groundbreaking as it was the first Class A industrial/flex development to offer 24-foot-clear heights for users as small as 9,600 square feet in Boulder county,” said Jeremy Kroner, vice president at CBRE Group Inc., one of the listing brokers on the property.

Colorado Therapeutics LLC, a researcher and manufacturer of a soft-tissue repair technology used in hernia repair, has leased 33,600 square feet in the development, at 486 S. Pierce St. in Louisville.

Colorado Therapeutics was spun out of Colibri Heart Valve LLC and recently closed a $4.3 million funding round. Its new lease will triple its space and enable it to expand the commercial applications of its technology.

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