Parker Road and Havana, Aurora
The Challenge
This was a convoluted situation. The 62,000 square foot building, formerly Best, had been vacant and on the market for close to five years. The property was owned separately from the land, and the landowner refused to sell regardless of profit. The building owner, Fingerhut’s Amigo Ventures, had no interest in funding capital improvements that would allow the building to be used as a call center, for which it was ideally suited. With all that, the bottom was falling out of the tech economy, putting substantial constraints on the potential market. Our challenge was to represent the Fingerhut family’s interests in leasing the property, while meeting the needs of prospective tenants.
The Solution
Bartell Meitus Real Estate developed an idea with SS1 Ventures’ Colorado Ski & Golf to consolidate its retail operations and distributions into this single facility. The building offered both high visibility for its retail operation, with a nearly 50,000 cars-per-day traffic count, and convenient proximity to I-225 for its distribution center. Colorado Ski and Golf signed a long-term lease and renovated the building.