As Seen In Mile High CRE – March 22, 2017
Etkin Johnson Real Estate Partners, a full-service, privately owned commercial real estate investment and development company based in Colorado, has acquired a 33.12-acre parcel adjacent to the Colorado Technology Center (CTC) in Louisville, Colorado.
“We’ve been active in CTC for more than 20 years, and have grown our portfolio there to nearly 1.2 million square feet,” said Derek Conn, executive vice president and partner at Etkin Johnson. “This parcel provides another strategic site that offers maximum visibility, flexibility and convenience for tenants looking to attract top talent from all the markets along the Northwest Corridor.”
The 33.12-acre parcel, purchased from the estate of Richard Hoyle, will be annexed into CTC, adding to Etkin Johnson’s portfolio in the business park. The company currently owns nearly 5 million square feet total in Colorado.
The acquired land has historically been used as a tree farm, but was rezoned for commercial use prior to the sale. The site is one of the last remaining pieces of land in or around CTC that can accommodate 24-foot clear flex buildings, a staple feature of Etkin Johnson’s buildings. Etkin Johnson plans to break ground on the first building of a proposed three-building, 400,000-square-foot office/industrial/flex campus – dubbed the Louisville Corporate Campus at CTC – in the fourth quarter of 2017.
“A traffic signal will also be installed at the entrance to the park along Dillon Road,” added Conn. “It’s one more perk that should prove advantageous when leasing the to-be-built buildings.”
Like other Etkin Johnson properties in the area, the proposed Louisville Corporate Campus at CTC will include outdoor workspaces, highly integrated technology, roll-up glass garage doors that create open-air workspaces, and environmentally responsible amenities including:
- Energy efficient HVAC system
- Solar control Low-E glass
- Strategically placed skylights
- GenFlex cool roof system
- Free electric vehicle charging stations
- Exterior LED building and parking lot lighting