ADDRESS
DENVER, COLORADO
Strengths
C OMPE TI TI VE SE T
Opportunities
▪ Building quality
▪ Sale or Lease flexibility
▪ Amenities - fitness, training, cafeteria, park-like
▪ Corporate identity
setting/landscaping
▪ Economics amongst competitive set (see Procalc runs)
▪ Floor plate
▪ JNL Renewal
▪ North DTC location at I-25 & I-225
▪ Collaborative workspace (1st floor)
▪ Class A office complex with Denver address
▪ PivotDesk, Field Nation, Shift Boutique
▪ Quality corporate image
Workspace, Uncubed
SITE
▪ Capital improvements
5
3
4 1
Belleview Ave
Threats
Weaknesses ▪ Access
▪ Large block competition
▪ Pending vacancy
▪ Lack of walk-ability to transit
▪ Corporate relocations
▪ JNL occupancy through
▪ Lack of building signage
▪ Multi-tenant costs
remodel
13
8 2 10
Arapahoe Rd
6
Market strategy if JNL vacates:
▪ Multi-tenant capital plan for remainder space ▪ Hospitality lobby
Recommendations:
▪ Multi-tenant plan for building ▪ Market as full-building corporate headquarters for 6 months while JNL is still in occupancy ▪ Upon vacating the space, execute the multi-tenant capital plan if unsuccessful in securing single building user.
▪ Upgraded lobby, cafe, common areas ▪ Shaded area on back patio ▪ Food trucks ▪ Use of back of patio for entertainment
area.
URS Center Palazzo Verdi Stanford Place II One Belleview Station 4340 S. Monaco St. Village Center Station I (Sublease) Dry Creek Corporate Center III 5700 S. Quebec Atrium I (Comcast) Millennium Plaza Panorama Corporate Center III Park Meadows Corp Center II Quebec Court I Village Center DTC
185,256 312,049 366,184 318,000 118,266 233,958 92,356 134,680 134,790 336,773 132,600 70,273 134,680 600,000
174,187 77,000 143,382 296,006 118,226 94,305 92,356 134,680 134,790 336,773 132,600 70,273 134,680 600,000
$28.00 $35.00 $28.61 $37.00 $35.00 $31.00 $23.50 $14.50 $22.00 $23.00 $31.50 $23.50 $24.50 $35.00
14
7
County Line Rd
Jackson renewal/ downsize:
▪ Telecom split from data center to common
SF Gross Available Rate
11
B u i l d i n g St r a t e g y:
▪ Cafe
SF
9
Dry Creek Rd
▪ Collaborative workspace on 1st floor
1 2 3 4 5 6 7 8 9 10 11 12 13 14
Property
12
Full building Large contiguous block
Lincoln Property Company 2000 South Colorado Blvd Annex Suite 300 Denver CO 80222 • 303.893.1886