Page 10 —
COLORADO REAL ESTATE JOURNAL
— March 16-April 5, 2016
Office
by Jill Jamieson-Nichols
CBRE ismoving its downtown
offices to the top two floors of
Seventeenth Street Plaza, which
will be a showcase for its global
Workplace360 initiative.
Currently scattered in several
spaces in the building at 1225
17th St., the company will occu-
py the entire 32nd floor and a
portion of the 31st floor for a
total of 38,975 square feet. An
internal staircase will connect
the floors.
The new office is designed to
promote flexibility, mobility and
productivity through technol-
ogy-enabled, free-address and
paperless offices. It will open in
April.
“While we are not moving
far in terms
of distance,
our
new
office
will
be a world
away from
a traditional
office envi-
r o n m e n t , ”
said
Pete
S c h i p p i t s ,
CBRE Colo-
rado senior managing director.
“Through leading-edge technol-
ogy, strategic use of space and
enhanced mobility, CBRE is cre-
ating an office that will enable
us to serve our clients better
than ever before.”
The space will be free-address,
meaning there will be no
assigned desks and a large per-
centage of the overall footprint
will be dedicated to collaborative
workspaces and meeting rooms.
Employees will be able to choose
where they work throughout the
day, with more than 10 options
that range froma desk, bench seat-
ing, a private huddle room or the
social café area.
Pete Schippits
by Jill Jamieson-Nichols
A Hawaiian investment group
purchased Landmark Centre, a
76,085-square-foot office build-
ing in Greenwood Village, for
$13.6 million, according to public
records.
Velocis, a private equity real
estate manager that had owned
the property since 2012, was the
seller. Landmark Centre Associ-
ates LLCwas the buyer.
The three-story building is locat-
ed at 5460 S. Quebec St. It was
99.5 percent leased at the time of
the sale.
“Velocis purchased this asset
based on its prime location in a
market with great demograph-
ics and near amenity-rich retail,”
Mike Lewis
Velocis princi-
pal, said in a
news release.
“ T h r o u g h
key
prop-
erty improve-
ments,
we
were able to
identify and
unlock
its
value, achiev-
ing our goals for the investment
while maintaining near 100 per-
cent occupancy throughout our
hold period.”
JLL Executive Vice President
Patrick Devereaux, who repre-
sented Velocis in the sale with
partner Jason Schmidt, said there
was “great”
investor activ-
ity on the list-
ing.
“ T h e r e ’ s
definitely a
shift in the
office market
toward being
on the west
side of Inter-
state 25 and also within close
proximity or walkable access to
the Landmark restaurants and
shop space. Because of those loca-
tional characteristics … it drew a
lot of investor demand,” he said.
Landmark Centre has been near 100 percent occupancy since Velocis
bought it in 2012.
Mike Lewis
Patrick Devereaux
by Jill Jamieson-Nichols
Office space is coming to
Downtown Westminster, the
105-acre former Westminster
Mall property.
Solera Salon and Grid Col-
laborative Workspace, which
are under the same ownership,
plan to develop a five- to six-
story office building just north
of the JCPenney store. The
80,000- to 120,000-square-foot
building will be built to a mini-
mum sustainability standard of
LEED Silver and is likely to
break ground late this year or in
early 2017.
Solera Salon is an executive
suites product for personal
care professionals (hair stylists,
manicurists, etc.) with exist-
