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| Lindsey Fahey |
DENVER, CO –– The University of Colorado has named JLL to market the sale of its CU South Denver facility, a 175,780-square-foot, Class A, mixed-use building in Lone Tree, Colorado.
The
offering presents a unique adaptive reuse opportunity for the three-level
facility boasting a state-of-the-art meeting venue with capacity for more than
1,000, a two-story atrium and foyer, outdoor space, 300-seat theater,
commercial kitchen and multiple classrooms.
The JLL team representing
the seller is led by Director Lindsey Fahey and Executive Vice President
Patrick Bolick.
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| Patrick Bolick. |
“As movement to the
suburbs has accelerated, this offering presents a compelling opportunity to
enter into the southeastern Denver suburban market, the largest market in the
city and one of the top performing,” Bolick said.
The
14.4-acre site has parking for 442 vehicles and includes an additional 4.4
acres of developable land.
Completed
in two phases in 2002 and 2009, the well-maintained facility could easily be
adapted for a variety of uses, including educational, religious, event space,
office or a combination of uses.
Located
at 10035 South Peoria Street, the site is positioned approximately 18
miles south of downtown Denver in the affluent suburban community of Lone Tree.
The
property has visibility to more than 38,000 vehicles per day along Lincoln Ave.
and tremendous regional accessibility because of its proximity to the
crossroads of Interstate 25 and C-470.
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| CU South Denver facility, a 175,780-square-foot, Class A, mixed-use building in Lone Tree, CO |
It is also near top employers at the Denver Tech Center, which boasts more than 11.7 million square feet of space and Meridian International Business Park, among others.
“Alternatively, the fact that the site includes additional
developable land also presents a compelling redevelopment play, providing
options for a variety of buyer profiles,” added Fahey.
For
more news, videos and research resources on JLL, please visit our newsroom.
CONTACT:
Kristen Murphy
JLL
Senior Manager
Public Relations
Phone: +1
617 848 1572
Email: Kristen.Murphy@am.jll.com
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