Client Need
The Client, SunBorne Companies, needed to complete setting-up the business park’s governing documents; needed a strategy to lease a new 60,000 square foot office building; and needed to market available land for long-term ground lease.
Assignment Highlights
Business Park Set-up
- Interacted with prospective user clients, outside brokers, economic development officials, chambers of conference and media about available land sites/finished product.
- Orchestrated the creation of marketing materials (brochures, site plans, building plans, mailing pieces).
- Created Covenants Conditions & Restrictions (CC&R’s) and Design Guidelines for the business park.
Office Building Set-up
- Marketing: selected listing broker; established deal points; created marketing materials (brochures, proposal template, common area factor); created features & benefits; authored press release (successfully placed in Denver Post during January, 2000); created lease-up strategy; conceived and organized broker luncheons;
- Design: selected architectural space planner; created market common area factor; and selected building standards
Tenant Finish Materials
- Construction: selected tenant finish contractor
- Documentation: created lease document, work letter.
- Management: selected property manager, created operating budget.
Development Planning
- Met with prospective ground-up building users to conceptualize building size, land size, projects costs, lease rates and schedule.
- Created project pro-formas including selection of design, materials based on market conditions.
- Negotiated contractual documents with architect, contractor and civil engineer.
- Formulated plan for placement of fiber optic network.
Results
Successfully completed the set-up described above.
Centennial, Colorado
Project Type: Business Park, Office Building
Year: 1999-2000
Size: 125-acre, 60,000 SF Bldg.