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Gateway Centre, a four-building office campus totaling 299,614 square feet in Denver, CO |
DENVER, CO – JLL Capital
has closed the $66.85 million sale and $43.69 million financing of
Gateway
Centre, a four-building office campus totaling 299,614 square feet in
Denver, Colorado.
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Mark Katz
|
JLL marketed the
property on behalf of the seller, an affiliate of Equus Capital
Partners, Ltd., and procured the buyer, Flywheel Capital.
Additionally, JLL worked on behalf of the
buyer to secure the five-year, fixed-rate acquisition loan with Independent
Financial, which operates in major markets throughout Colorado and Texas.
Gateway Centre is positioned on 19.33
acres at 3950, 3800 and 3855 Lewiston St. in Aurora and 4400 Kittredge St. in
Northeast Denver.
Just
12 miles northeast of Downtown Denver, Gateway Centre is adjacent to Interstate
70 and Peña Boulevard offering exceptional accessibility throughout the region,
including to Denver International Airport and Buckley Air Force Base.
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Peter Merrion |
Additionally, the property is within walking distance of the Gateway Park light
rail station providing a direct link to Downtown.
Recently renovated, Gateway Center offers Class
A office space alongside tenant amenities, including a state-of-the-art fitness
center with locker rooms and showers, a tenant lounge, Wi-Fi enabled patio with
fire pit and a covered garage for executive parking.
The Class A property is
100% leased to a diverse set of 24 tenants, including Primoris, Billtrust,
Leidos and Boeing with Equus completing over 62,00 square feet of leasing since
the start of the pandemic.
The JLL Capital Markets team representing the
seller was led by Senior Managing Director Mark Katz and Senior Director
Peter Merrion.
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Eric Tupler |
Financing efforts were led by JLL Capital
Market’s Senior Managing Director Eric Tupler and Director Rob Bova.
“Gateway Centre saw tremendous interest from
investors due to the quality of the assets and the growth story in Northeast
Denver,” Merrion said.
“Many
companies choose this area to be accessible to the growing labor dynamics in
Denver and our team was thrilled to work on this exciting property.”
About Equus Capital Partners
Equus Capital Partners is one of the nation’s leading real estate investment managers.
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Rob Bova |
Equus’ diversified portfolio consists of office, multi-family, and industrial properties located throughout the United States. The firm is headquartered in the Philadelphia area with regional offices in Chicago, Los Angeles, Washington D.C., Atlanta, Arizona, Raleigh-Durham, and South Florida.
CONTACT:
Kristen
Murphy
JLL Senior Manager
Public Relations
Phone: +1
617 848 1572
Email: Kristen.Murphy@am.jll.com
equuspartners.com.