CASE STUDIES

 

CORPORATE HEADQUARTERS
Graebel Companies Headquarters
161, 000 SF · 401 South Airport Boulevard

Challenge: The property was unsuccessfully marketed for two years by two other brokerage firms as a headquarters facility.

RRC Solution: The team took a multi-faceted marketing approach to a difficult property, marketing the property as a HQ, multi-tenant facility to industrial and office users, as well as an investment property and executed a short term lease in 60 days and a sale within 120 days.

LAND SALE
503-Acre Mixed Use Parcel

Challenge: Simultaneously market and complete the final development plan in the City of Aurora on a massive parcel of land in a “green area” for mixed-use development.

RRC Solution: Along with the ownership, RRC hired Design Workshop and Nolte Engineering to complete the FDP. With those materials RRC was able to attract and close the sale for the full price, $15,000,000 cash.

INDUSTRIAL REDEVELOPMENT
Firestone Building · 152,000 SF · 4300 Brighton Boulevard

Challenge: Distribution building with low ceilings and a second tier location. The previous marketing team had six months with minimal interest. RRC

Solution: The team capitalized on the telecom market and placed this property under contract within 30 days of executing the listing agreement to an investor who converted the property to a "telecom hotel."

 

OFFICE/SHOWROOM
CED · 112,000 SF · 2405 West 5th Avenue

Challenge:
Fred Schmid building with extensive 30,000 two-story office/showroom finish that was vacant for a year.

RRC Solution:
The team determined the building would meet the client's industrial requirement and successfully executed a ten-year lease agreement on the building.

 

INDUSTRIAL INVESTMENT
Northstar Properties · 128,000 SF · 550 West 53rd Place

Challenge:
Low ceiling and difficult layout for a distributor. Marketed unsuccessfully for over a year by another brokerage firm as distribution space.

RRC Solution:
The team determined the space was functionally obsolete for pure distribution and successfully marketed to other users resulting in a ten-year lease at above market rates to the Denver Post for a printing facility (55,000 SF), a multi-year lease with Flash Global Logistics (24,000 SF) for overflow warehouse space, and a ten-year lease to Amish Showcase Furniture (49,0000 SF).

 

OFFICE CAMPUS
M/A Com · 165,000 SF · 1110 Bayfield Drive

Challenge:
Former Quantum HQ databoard manufacturing facility - was an oversized office/manufacturing facility for the market.

RRC Solution:
The team was able to secure AtmelCorp. in the former Quantum computer lab and office space in Colorado Springs through strategic marketing to local and national computer manufacturers and sold the building to an investor for Honeywell.

 

DISTRIBUTION
Kroger · 248,000 SF on 36 Acres · 4038 Dover Drive

Challenge:
Sell or lease a large facility in a remote location.

RRC Solution:
The team targeted all logistics companies, executed the listing agreement and within four months, leased the property to Kroger and sold the property to Northstar Commercial Partners.

 

RETAIL
Levitz/6th Avenue Commons · 160,000 SF ·
11111 W. 6th Avenue

Challenge:
Lease a 160,000 SF retail building that was vacant for 4 years.

RRC Solution:
We advised the client to break up the space into 30,000-60,000 SF units and leased to "Wholesale Retailers" to take advantage of the 100,000 cars per day on 6th Ave. and the 30' clear ceiling heights. The team executed the marketing plan and leased the property to 4 tenants including: Office Liquidators, Tool King, Woodley's Fine Furniture and All About Fitness/Busy Body Fitness.

 

 

 

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