Colorado Real Estate Journal - January 3, 2018
Q Factor, a local development firm, and partner Clarion, an institutional real estate investment company, announced the opening of Industry RiNo Station in the River North District in Denver. The property, sister to Industry Denver located on Brighton Boulevard, is an adaptive reuse project comprising creative office space, retail and restaurants in a former cold storage warehouse at 38th and Walnut Street. S-Arc was the architect while construction was performed by Brinkman and Makers Line. Industry was one of the original developments that put RiNo back on the map, and RiNo Station, 60 percent preleased, promises to house even more space to work and gather in the neighborhood, according to Jason Winkler, co-founder of Industry. RTD’s A-Line Rail Station at 38th and Blake brings tenants and visitors to Industry’s new front door. Ellen and Jason Winkler, cofounders of Industry and owners of Q Factor, were mindful of bringing this 152,000-square foot project to a residential area with their second inception. When encouraged to build five stories extending to the periphery of their property lines, they declined. “We want to be a part of the community that’s already here, not overshadow it. We kept the building’s original footprint, and through our work with the rec center next door, we’re nurturing a conduit for partnership. We intend to build social capital in the community, involving our neighbors in the change our arrival brings to their neighborhood, and fostering connection with the people who are already here. We are grateful for their welcome,” said Ellen Winkler. RiNo Station boasts soaring two-story ceilings, raw steel framework, modular glass wall systems and polished concrete floors. Tenants enjoy a curated environment that fosters an integrated community and business ecosystem. Amenities include shared spaces, from phone booths and huddle rooms to larger conference rooms and an event stadium. Tenants have access to two large shared kitchens and a café run by MRQT, Q Factor’s newest venture. Ping-pong, beer and a dog-friendly environment also are part of the package. The timing of the project also will allow fast growing tenants in the original Brighton Boulevard location to continue their growth. Signed leases to date include four Industry Denver transplants that outgrew their spaces, including Velocity Global, Cloud Elements, the Receptionist and Feldmann Nagel. While many tenants are in the process of moving in, Convercent recently signed for nearly 28,000 sf that is in the final design phase with occupancy projected in early 2018. Convercent is a developer of Global Ethics and Compliance software and will be an anchor tenant. “The team at Industry does ‘work space’ differently – and more creatively – than we’ve seen in Denver and the entire U.S.,” said Jason Glasser, vice president at Clarion Partners.