Gateway Centre, Aurora, CO |
DENVER, CO – JLL announced it has arranged financing for Gateway Centre, a four-building office campus totaling 299,614 square feet in the Denver-area community of Aurora, Colorado.
JLL worked on behalf of the borrower, an affiliate of Equus Capital Partners, Ltd. (“Equus”), to place the five-year, floating-rate acquisition loan through the Pennsylvania office of Citizens Bank.
Eric Tupler |
JLL also arranged the sale of the property to an affiliate of Equus on behalf of a confidential client.
Gateway Centre’s four buildings feature high ceilings, rectangular floorplates, tall windows with mountain views and substantial natural light.
Completed between 1998 and 2001, the portfolio is 82% leased to a diversified tenant base that includes several credit tenants.
Situated on 19.33 acres along Interstate 70 and Pena Boulevard, Gateway Centre is visible to approximately 108,000 daily commuters.
Additionally, the property location provides easy access to Interstate 225 and E-470 along with the Gateway Park light rail station, which provides a direct link to Downtown Denver and Denver International Airport and is just east of the property.
Leon McBroom |
Buckley Air Force Base is five miles from the property, and more than 10 restaurants and 12 hotels are within walking distance.
JLL’s Capital Markets team representing the borrower was led by Senior Managing Director Eric Tupler and Senior Director Leon McBroom.
"The market around Gateway Centre is showing tremendous growth, with an influx of residential development, hotel activity, job growth and continued infrastructure investment, and Gateway Centre was well positioned to take advantage of this dynamic area,” Tupler said.
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Deal secured by Holliday Fenoglio Fowler LP (“HFF”) prior to being acquired by JLL on July 1, 2019. Co-brokerage services provided by Jones Lang LaSalle Americas, Inc.
Contact:
Kristen Murphy
JLL Director, Public Relations
Phone: +1 617 848 1572
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