Colorado Springs Home to the State’s Largest Office Space Opportunity
Colorado Springs, already a booming Front Range business destination and one of the nation’s top real estate markets, is home to one of the most enticing corporate real estate offers in the nation right now: 2424 Garden of the Gods, the largest office space currently available for lease in the state of Colorado.
This stunning space, which borders the historic and world-renowned Garden of the Gods Park, offers a total of 683,000 square feet, including 450,000 square feet of office space for lease. The property recently completed $3.5 million worth of capital improvements and offers unique value in Colorado’s second-largest city, known for its unbeatable lifestyle and low cost of doing business.
Built in 1983, the campus previously served as a regional headquarters for Verizon, which sold the property to Westside Investment Partners, Inc. in August 2016.
“We’re thrilled to invest in Colorado Springs, not only because it’s one of the more desirable places to live in Colorado and in the nation, but also because we’ve seen the growing strength of the city’s business environment across multiple sectors,” said Andy Klein, Principal at Westside Investment Partners. “There’s an outstanding talent pool here, and the sheer beauty of the area will only draw more residents and investors here in the coming years. We’re excited for the 2424 Garden of the Gods property to add to the great economic momentum in Colorado Springs.”
Amenities in the building include a 220-seat auditorium, cafeteria, board room, fitness center and yoga studio, ample outdoor patio and courtyard space, bike lockers and more. The technology infrastructure and stunning architecture in the space make it well-suited for high-tech businesses and highly-skilled employees.
“It’s an incredible value proposition for any big employer looking to plant a regional flag in a market that has incredible talent,” said Steve Kohls, Vice President of Advisory and Transaction Services at CBRE in Colorado Springs, who is part of the team leading leasing efforts for the space. Kohls notes the highly-educated talent pool in Colorado Springs, where 38 percent of the population holds a bachelor’s degree or higher and home-grown graduates are coming out of the area’s top universities.
The campus’ location next to Garden of the Gods Park offers not only spectacular views, but close proximity to some of the many hiking and biking trails that set Colorado Springs apart for its unmatched outdoor lifestyle. The property provides a unique and appealing campus lifestyle environment and offers the type of workspace that many of today’s highly-skilled millennial workers are seeking.
For more information on 2424 Garden of the Gods, please visit the property’s official website.