Carey Technology Properties, located in Manhattan, isco-developing the site with Opus Northwest. The campus will belocated on the site of the former Lange ski booth factory, whichwill be razed to make way for a new five-building complex,FlatIrons Gateway. The project is east of the Interlocken BusinessPark, home to large office campuses owned by Level 3 Communicationsand Sun Microsystems Inc.
The new complex's lease rates will range from $17.50 per sf to$19 per sf. The first phase will be completed by December 2001.Office vacancy along that US 36 is virtually nonexistent, with onlya 0.7% vacancy rate.
"Basically, everything being built is immediately being leased,"says Tom Lee, a broker with the Denver-based Frederick Ross Co.
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