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BROOMFIELD, CO-When Rob Link, who heads Julien J. Studley’s Denver office, first proposed the idea to his client, “they had that look like a deer caught in the light of headlights,” Link tells GlobeSt.com. The idea by veteran broker Link — formerly a top broker at CB Richard Ellis — was to offer a three-year lease on a new BMW 352i to the broker who brings a tenant for a full floor to the class A space at 370 Interlocken Blvd. in the Interlocken Advanced Technology Environment business park.

The space is currently leased by the law firm of Brobeck, Phleger & Harrison, a firm known for handling many high-tech deals across the country.

In the first quarter of 2000, the firm was working on 13 stock deals worth more than $1 billion, while it doesn’t have any on its plate this year.

The firm is looking to sublease the 26,428-sf space as it weathers the high-tech implosion along Denver’s northwest corridor, which has a vacancy rate estimated at more than 32%, when subleased and direct space is included.

Link says he thinks it could go to 50% vacant before it bottoms.

The BMW lease, Link says, is the equivalent of paying a broker another $1 per sf. Other tenants, eager (maybe desperate) to lease space along the corridor have done that, he says. But the BMW lease ads “sizzle” to the transaction, Link contends. Hopefully, it will assure that he sees every single deal out there, he adds.

Link says the broker who brings the deal for the space can probably either get a monthly check to cover the lease or possibly even a lump sum to cover the cost. And if the right company comes along, Link says he could likely re-arrange the space to accommodate it, he says.

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