Jeff Schindler, Equastone's chief investment officer, tellsGlobeSt.com the Interlocken portfolio represents a "value-added,opportunistic investment." He says the area is "one of the fastestrecovering office submarkets in Colorado." Other driving forces forthe investment include proximity to shopping, restaurants,executive housing and the 10-minute drive time to DowntownDenver.
Another attraction was the synergy created by some of theexisting high-profile tenants in the greater park. The InterlockenBusiness Park includes corporate campuses of Sun Microsystems andLevel 3 Communications.
As for Equastone's purchase, the four new properties include onethree-story and three, single-story buildings. They wereconstructed form 1984 to 1986. Tim Richey and Chad Flynn fromCushman & Wakefield represented the seller, Olympia PropertiesLLC.
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