Denver – Elion Partners announced today that technology services firm NexusTek signed a lease for 16,000 square feet at Scala, a 95,000-square-foot office building located at 5889 Greenwood Plaza Blvd. in Greenwood Village, Colorado. Six months following the building renovations, Scala’s tenant base is now 30 percent technology-focused companies.
Transwestern’s Senior Vice Presidents Andrew Piepgras and Peter Thomas represented the building owner, Elion Partners, in the transaction.
“As one of the largest Denver-based information technology services firms, NexusTek required space that would reflect its innovative employee base and enhance its ability to recruit top talent,” said Thomas. “Scala’s modern redesign and cutting-edge amenities make it ideal for technology-related companies like NexusTek.”
The property underwent a complete capital improvement program including a modern redesign of the main lobby, the addition of a state-of-the-art fitness center, as well as extensive upgrades to incorporate a contemporary collaborative space. The building is now 87 percent leased, and along with NexusTek, has welcomed new additions Catalyst Lending and True Realty. Catalyst Lending occupies 8,361 square feet, and True Realty occupies 2,141 square feet, both taking delivery in December 2016.
“All the tenants cited the building’s design, state-of-the-art fitness center, collaborative space, amenities, interstate access and proximity to public transportation as key factors in their decision,” said Gloria Fernandez, Managing Director of Asset Management, Elion Partners.
NexusTek is relocating from Centennial to Greenwood Village, where IT and Communications is the fastest-growing industry, according to the Denver South Economic Development Partnership. NexusTek was represented by Integrated CRE in the lease transaction and will take delivery in March 2017.
Transwestern is a privately held real estate firm of collaborative entrepreneurs whodeliver a higher level of personalized service – the Transwestern Experience. Specializing in Agency Leasing, Management, Tenant Advisory, Capital Markets, Research and Sustainability services, our fully integrated global enterprise adds value for investors, owners and occupiers of all commercial property types. We leverage market insights and operational expertise from members of the Transwestern family of companies specializing in development, real estate investment management and research. Based in Houston, Transwestern has 34 U.S. offices and assists clients through more than 180 offices in 37 countries as part of a strategic alliance with BNP Paribas Real Estate. Experience Extraordinary at transwestern.com and @Transwestern. For updates from the Denver office, follow @TranswesternCO.
ABOUT ELION PARTNERS
Elion Partners is a real estate investment firm focused on acquiring and developing quality commercial properties in strategic locations and providing real estate equity for developers and operators throughout the United States. The company has interest in a variety of asset types including industrial, office, retail, multifamily and mixed-use properties. Learn more at elionpartners.com. For updates from Elion Partners, follow @elionpartners.
For more information about Scala Colorado, contact:
Kaylee McCall Correa, Manager, Corporate Communications, Elion Partners