QUIVER INVESTMENTS REPRESENTS BUYER IN ACQUISITION OF CLASS A OFFICE IN GREENWOOD VILLAGE, CO

SEPTEMBER 15, 2020. Quiver Investments, a Denver based investment sales brokerage, is pleased to announce the successful closing of Syracuse Hill III located at 6161 South Syracuse Way in Greenwood Village, Colorado. Pantheon Syracuse, LLC purchased the asset from T&S Properties. The family office who purchased the asset was represented by John Witt and Ben Swanson. Patrick Devereaux, James Brady and Campbell Davis with CBRE represented the seller.

The property consists of 46,187 square feet across three stories with 78% occupancy at closing. Built in 1998 and recently renovated in 2018, the building benefits from smaller office suites, a combination of underground and surface parking, excellent western views, and easy access to I-25 and the surrounding amenities.

In the wake of COVID, the buyer sees opportunity in low-rise suburban office with smaller footprints allowing businesses to be located close to where their employees reside.  Syracuse Hill III underwent recent common area renovations, allowing the buyer to focus on marketing the vacancies with attractive leasing incentives. The buyer also intends to rebrand the building and invest in various other capital improvements.  The team of John Hutto and Griffin Foulk with Stream Realty Partners will carry out the new leasing strategy and facilitate with the rebranding process.  Please contact Stream for more information.