Adam Subber, with Cresa Partners in Boston, tells GlobeSt.comthat Englewood, CO-based CSG Systems renegotiated the terms of itslease at the two-building, 650,000-sf , class A office park in oneof the first significant transactions since the property waspurchased by Rreef in January.
"CSG evaluated the market heavily but we were able to retain thetop two floors of what is arguably one of the finest buildings onthe market and reduce our rent," Subber says. Terms of the leasewere not released but he says rents in the building are in the lowto mid-$30 per sf price range.
The company, which had been in the building for about 10 years,had been slowly subleasing its former space as it downsized itsoperation.
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