Flex and Industrial Redevelopment
The 155,664 SF property is located in the Denver Technological Center, one of the country’s premier business and economic parks, in the heart of Greenwood Village, CO. The property consists of four one-story buildings, traditionally home to flex and light industrial tenants. During the hold period, the property was repositioned towards traditional retail uses through a strategic exterior renovation which included a new building façade, paint, new landscaping and trees, improved irrigation, and parking lot resurfacing. Updated branding included new complex and tenant signage, and activated outdoor spaces such as restaurant patios with outdoor firepits. The asset is home to retail tenants including Starbucks (NASDAQ: SBUX), a high-end appliance showroom, early childhood education, fast casual dining, health services, and a micro-brewery.