LAKEWOOD, CO-The fast-growing MoneyGram company recently leased 35,140 sf of office space at the West Point building at 3900 S. Wadsworth Blvd. With this lease, MoneyGram will occupy 20% of the 172,000-sf building.
MoneyGram was looking for a space to complement its current facility in Academy Park at 3940 Teller St. The deal was handled by Jonathan Jones, Kevin McKinnon and David Shapiro of Transwestern, along with Michael Shomion, of Liberty-Greenfield, a Denver-based tenant rep firm.
MoneyGram was founded in 1940 in Minneapolis as Federal Express, as a money order business. In the 1990s, with the advent of new technology, the company made a flurry of acquisitions and expanded into bill payment, rebates, refund processing and transaction services to casinos. In 1998, it entered the international marketplace by acquiring MoneyGram Payment Services. Travelers Express was once a subsidiary of the Greyhound Corp., then became part of what was known as Viad Corp. In 2004, MoneyGram was spun off from Viad to become an independently traded company.
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