November 19-December 2, 2014 —
COLORADO REAL ESTATE JOURNAL
— Page 25AA
Health Care
If your firm is active in the Health Care & MOB market and would like to appear in this directory, please contact Lori Golightly at 303-623-1148.
ACCOUNTANTS
Eide Bailly LLP
APPRAISAL
Cushman & Wakefield
ARCHITECTS
Bennett Wagner & Grody
Boulder Associates
H+L Architecture
Tenant Planning Services
ASSET MANAGEMENT/
ADVISORY
RMI Capital Management, LLC
ASSOCIATIONS
Colorado Association of Health Care
Engineers & Directors
Colorado Healthcare Financial
Management Association
BROKERAGE
BRC Real Estate
Cascade Commercial Group
CB Richard Ellis
Friedlander Commercial Real Estate, LLC
Grubb & Ellis
Health Connect Properties
InSite Properties, Inc.
Jones Lang LaSalle
NAI Highland LLC
Newmark Knight Frank Frederick Ross
CONSTRUCTION
Adolfson & Peterson
Alliance Construction Solutions Colorado
Bryan Construction Inc.
BVB General Contractors
Calcon Constructors
Drahota
Facilities Contracting, Inc.
Fransen Pittman General Contractors
G.E. Johnson Construction Company
Jordy Construction
Kiewit
Mortenson
RJM Construction, LLC
Saunders Construction Company
SHAW Construction
Swinerton Builders
Taylor Kohrs
Turner Construction
DEVELOPERS
Cogdell Spencer ERDMAN
Corporex Colorado, LLC
Development Solutions Group, LLC
Fleisher Smyth Brokaw
Healthcare Realty Trust, Inc.
McWhinney
NexCore Group
Trammell Crow Company
ELECTRICAL
E Light Electric Services, Inc.
Greiner Electric
IES Commercial, Inc.
ENGINEERING
BCER Engineering
Beaudin Ganze Consulting Engineers, Inc.
Bridgers & Paxton Consulting Engineers
Group14 Engineering, Inc.
MKK Consulting Engineers
Shaffer Baucom Engineering & Consulting
Smith Seckman Reid, Inc.
FINANCE
CBRE Capital Markets
Colorado Business Bank
First Citizens Bank
INTERIOR DESIGN
Jean Sebben Associates, LLC
TW Beck Architects
LAW
Gorrell Giles Gollata P.C.
Holland & Hart LLP
MECHANICAL CONTRACTORS
RK Mechanical, Inc.
PROJECT MANAGEMENT/
OWNER’S REPRESENTATION
Hammes Company
Project One Integrated Services
PROPERTY
MANAGEMENT
Fleisher Smyth Brokaw
Health Connect Properties
InSite Medical Properties
SIGNAGE
Schlosser Signs, Inc.
SUSTAINABILITY
FTW Beck Architects
The Weidt Group, Inc.
For Contact Information, Firm Profiles & Links,
Health Care
and Medical Office Buildings
@
Health Care and Medical
Off ice Buildings Directory
by Jill Jamieson-Nichols
Centum Health Properties
and Signature Partners recent-
ly teamed up to buy Wad-
sworth Medical Building, a
22,000-square-foot property in
Littleton.
The building at 5920 S. Estes
St. was approximately 56 per-
cent occupied at the time of the
sale. Centum Health and Sig-
nature Partners said the asset
will add to their successful track
record of breathing new life into
distressed medical office space.
“ C e n t um
Health Prop-
erties
and
S i g n a t u r e
Partners are
excited
to
work togeth-
er
again,”
said James
Turpen, CEO
of Centum
Health Prop-
erties. “This team has a very
successful track record and is
excited to continue growing
the portfolio with opportunistic
health care real estate ventures.”
According to public records,
Centum Health and Signature
Partners bought the two-story
building from LSREF2 OREO
Direct LLC, which is affiliated
with Lone Star Funds, for $2
million. The seller had acquired
the property in 2006 as part of an
approximately $2.5 billion port-
folio deal.
Turpen said tenants will enjoy
the added attention of a local
ownership group that plans
to polish the already attractive
building and seek out new ten-
ants to complement the existing
tenant base. The property “was
in very good condition,” he said,
adding Wadsworth Medical
Building is not in need of major
capital investment. The new
owners will add “a little carpet,
a little paint, a little splash here
and there” and offer turnkey
suites.
Current tenants include Focus
on Kids Pediatrics, Precision
Endodontics, Mountain View
Pain Center and Performax
Physical Therapy.
Available spaces start at 750
sf and go up to 3,800 sf. Lease
rates start at $15.95 per sf triple
net with all-inclusive operating
expenses of $9.75 per sf.
Turpen said the building has
experienced reasonable interest
and deal flow and nowwill offer
tenants a generous tenant finish
allowance.
Wadsworth Medical Building
was built in 2005. It is across the
street from Southwest Plaza and
within a mile of Swedish South-
west ER.
Other value-add projects
Centum Health Properties and
Signature Partners completed
together include the Range Vista
Medical Office Building in West-
minster, which they sold to a
health care real estate invest-
ment trust, and Two Ponds
Professional Plaza, an Arvada
medical office building where
they recently completed a major
renovation and modernization.
Founded by Neil Littmann
andW. Scott Reichenberg, Signa-
ture Partners is a privately held
local real estate investment and
development company that spe-
cializes in acquisition, develop-
ment, management and disposi-
tion of real estate investments
for its investors. Centum Health
Properties is a full-service health
care real estate firm focused on
providing health care facilities
that enhance the patient and
provider experience.
s
The new owners of Wadsworth Medical Building will offer a generous tenant-finish allowance and turnkey suites.
James Turpen
‘This team has
a very successful
track record
and is excited to
continue growing
the portfolio with
opportunistic health
care real estate
ventures.’
– James Turpen,
Centum Health Properties
