Schnitzer West plans three-building office development in Centennial
Schnitzer West has announced plans to develop Westray, three 16-story Class A office towers at 6363 Greenwood Plaza Blvd. in Centennial. Westray will be developed in phases, with the first phase of the project to begin in the third quarter of next year. Phase one will consist of approximately 290,000 rentable sf. The building will offer an efficient standard floor plate size of 30,800 sf and a parking ratio of 3:1,000.
Jill Jamieson-NicholsNovember 19, 2019
TerraCap expands with Centerpoint I & II
TerraCap Management LLC made its second acquisition in the Denver market with the $77.52 million purchase of Centerpoint I & II at Interstate 25 and Colorado Boulevard. The Florida-based real estate investment management firm bought the Class A office towers from Investcorp and Schnitzer West, which renovated the buildings after acquiring them three years ago.…
Jill Jamieson-NicholsNovember 18, 2019
Partners Group opens its Colorado campus, built by Swinerton Builders
Late last month, Partners Group opened its new Americas headquarters, consisting of a newly constructed 129,400-square-foot campus in Broomfield. Swinerton Builders was the general contractor while Open Studio Architecture designed the project.
Kris Oppermann SternNovember 18, 2019
Ogilvie Properties to add its touch to Stapleton building
Ogilvie Properties will add its personal touch to a Stapleton office building that it acquired for $12.58 million. Ogilvie bought Stapleton Plaza Office Center from Tucson, Arizona-based Holualoa Cos. with plans to update the asset, expand amenities and improve occupancy. The 131,949-square-foot building at 3401 Quebec St. was 74% leased at the time of the…
Jill Jamieson-NicholsNovember 17, 2019
TerraCap pays $77.5 million for Centerpoint I & II
Investcorp and Schnitzer West announced that TerraCap Management, a privately held investment firm with its headquarters in Estero, Florida, has purchased Centerpoint I & II in Denver for $77.5 million. Centerpoint I & II occupy a combined 3.6 acres at the intersection of Colorado Boulevard and Interstate 25, midway between downtown Denver and the Denver Tech Center. Tenants have access to walkable amenities and light-rail. Centerpoint I is a 168,486-square-foot, 14-story office tower and Centerpoint II is a 205,534-sf, 16-story tower. Schnitzer West and Investcorp purchased the adjacent Class-A towers in 2016.
Jill Jamieson-NicholsOctober 31, 2019
Stantec to develop regional headquarters campus for Kiewit Corp. in RidgeGate
Stantec is serving as the architect and interior designer for the new regional headquarters campus for Kiewit Corp. The approximately 400,000-square-foot office complex is designed to accommodate more than 1,700 employees. Stantec is also providing landscape architecture and lighting design for the facility. Kiewit Building Group is leading construction as the general contractor for the project.
Kris Oppermann SternOctober 28, 2019
Westminster, Schnitzer West team on office at Downtown Westminster
The city of Westminster is partnering with developer Schnitzer West to bring 650,000 square feet of office development to two sites in Downtown Westminster. The first building will include ground floor retail with six to seven stories of office space above. It will be located in the heart of the 105-acre redevelopment site, which houses Alamo Drafthouse, 600 residential units that are either completed or under construction, and an Origin Hotel slated for completion in early 2020. Downtown Westminster is on the west side of U.S. Highway 36 at the Sheridan Boulevard interchange.
Jill Jamieson-NicholsOctober 22, 2019
Bryan Construction, MOA deliver All Copy Products headquarters in Lincoln Park
All Copy Products has a new headquarters in Denver’s Lincoln Park, bringing its Denver workforce together into a headquarters that will support its collaborative culture and allow for future growth. Designed by MOA Architecture, the project was built by Bryan Construction.
Kris Oppermann SternOctober 21, 2019
Premier Members Credit Union buys 360 Interlocken Blvd.
Premier Members Credit Union recently purchased an Interlocken office building with plans to centralize its administrative and support services functions from several existing facilities. The credit union paid $11.62 million, or $225 per square foot, for 360 Interlocken Blvd., a 51, 659-sf building in the Broomfield business park. It will move into the building in…
Jill Jamieson-NicholsOctober 18, 2019
Local group picks up value-add building in Inverness
A local investment group picked up a value-add office building in Inverness Business Park for $6.5 million. I 23 LLC bought the 56,465-square-foot building at 23 Inverness Way East in Englewood for $115.12 per sf. It was just over 65% occupied at the time of the sale. “This investment group is going to reposition the…
Jill Jamieson-NicholsOctober 18, 2019