Colorado Health & Tech Centers

Continued from page 1 were on the property, he also owns 400 of the 1,000 parking places in the building next door as a result of an agreement between prior property owners.

We walked through the building as Safavi explained his vision for the property. He sees the first floor as a perfect location for primary care and/or an outpatient surgical center. He told us hospitals had already reached out to him about the possibility of using it for day surgery.

On the second floor, he envisions biotechnology research, Safavi told us, as well as potential “small-scale manufacturing of medicines.”

The third floor will house technology and the fourth, which has mountain views, will house “entities that will facilitate innovation, like patent lawyers, CFOs, part-time CEOs, and consultants in the medical field.”

Financially, Safavi is in a strong position, having purchased the property at such a deep discount. As a result, he told us, “As soon as one floor is fully rented, the building will pay for itself. When two floors are occupied, we will be cash positive, and I will be moving on to building additional campuses of CHTC.”

Standing in the building, we had a direct view of one of the three towers of The Triad development in Orchard Station. Noting that the 22-acre complex is in receivership, Safavi wondered aloud if sometime in the future he might acquire that property, as well, to expand CHTC in Greenwood Village since, he told us, he was already talking to ten potential tenants, thus he might be ready to expand relatively soon.

Safavi was effusive about being in Greenwood Village, telling us, “I had planned to start CHTC in Aurora and Denver but we are here now and I could not have dreamed of a better location. There are so many retired CEOs and CFOs in Greenwood Village. This will become our headquarters.”

Safavi uses LinkedIn to post updates about the building and told us he has 600 to 6,000 views every day. “Every large pharma worldwide knows about us,” he shared.

Closing the loop, he shared that he has already connected with GV Mayor George Lantz and the South Metro Denver Chamber and looks forward to working with GV and the Chamber as he brings his vision of Colorado Health & Tech Centers to life.

According to his LinkedIn page, Dr. Safavi holds a B.S. in biochemistry from UCLA and a Ph.D. in biochemistry from the University of Kentucky. He also completed postdoctoral studies in biochemistry and molecular biology at Emory University.

Travis Wanger and Alex Scott of Fuller Real Estate are the leasing agents for the building. fmiklin.villager@gmail.com