This seven (7) story office and telecom hub and data center was constructed in 1983 and consists of 267,117 square feet. Recent improvements exceeding $7 million dollars include a new roof, upgrades to the lobby, elevator cabs, and common areas, restrooms, windows and HVAC infrastructure. Each floor is designed to accommodate traditional office users as well as data center space. Overall, the property sits on 12.16 acres in the Washington Square Business Park, a popular business park near the intersection of Interstate 25 and 120th Avenue. Washington Square Business Park has over 220 acres and is the corporate home to AVAYA, Hensel Phelps Construction, and Google among others. This area has convenient access to the interstate and Downtown Denver as well as close proximity to Denver International Airport.
The property is additionally located in an Enterprise Zone. This (EZ) designation allows taxpayers to earn a state income tax credit by investing in Enterprise Zones. These tax credits can include a tax credit for equipment purchases, new job creation, health insurance and job training. Thornton is the sixth largest suburb of the Denver Metro area and the 213th most populous city in the United States. Major employers in Thornton include Google, Amazon and AVAYA.
This property is 50% leased with AVAYA being the largest tenant. Hensel Phelps Construction is the second largest tenant. 51,000 square feet is data center space with 5.5 MW of power available.
A unique aspect of the property is that it has access to a fiber link to 1500 Champa Street, linking the site to 13 of Denver’s fiber providers.