QUIVER INVESTMENTS ANNOUNCES SALE OF OFFICE BUILDING IN DENVER TECH CENTER
GREENWOOD VILLAGE, CO (December 23, 2022). Quiver Investments is pleased to announce the closing of 5350 S. Roslyn in Greenwood Village, Colorado. Ben Swanson and John Witt represented the buyer, a repeat client who continues to expand its portfolio throughout the Colorado market. The 64,000± RSF building was 83% occupied at the time of sale with a strong rent roll, many of which are long tenured or credit tenants.
This is a perfect case study of an office building in which the prior ownership group invested thoughtfully during their ownership period while leaving a clear path to additional upside. In addition to recent capital improvements, the building was managed by ColeTaylor, a Denver based commercial property management company who clearly added value through their impressive management capabilities and their entire team’s ability to build strong relationships with the tenants.
“This is a great opportunity for our client and demonstrates how a deal can come together amidst all the background noise of challenges in the office market. We are seeing a real-time shift of companies looking to a more normalized office utilization starting in 2023 but that office must be clean, well-maintained and located in an amenity rich area for their employees” said Ben Swanson, Co-Founder of Quiver Investments. “I really enjoyed working with the all the different parties on this deal and happy to discuss further with any investors who want insight on the current market.”
The construction of spec suites are currently underway in the property so please reach out to Abby Pattillo or Robert Whittelsey at Colliers to find out more about opportunities to lease in the building.
ABOUT QUIVER INVESTMENTS
Quiver Investments, LLC is a Denver based investment brokerage firm specializing in the acquisition and sale of investment properties throughout Colorado, Montana and select regional markets throughout the Western US. Our investment team leverages the latest technology, broad investment background, industry relationships and proprietary systems to pursue various opportunities that match client’s requirements throughout all phases of the real estate cycle.
FOR MORE INFORMATION
For insight on the current market and opportunities to either acquire or sell office, retail, land or industrial real estate, please visit www.quiverinvestments.com or contact our team directly.