Colorado Real Estate Journal -

Tenant takes 22,000 square feet in Denver Tech Center

by Jill Jamieson-Nichols

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An alternative technology licensing company cut its space needs nearly in half by leasing more efficient space in the Denver Tech Center.

MPEG LA signed a lease for 22,000 square feet of office space in Metropoint I at 4600 S. Ulster St. in Denver.

A more modern and efficient space plan will allow it to drastically reduce its occupancy needs, going from approximately 143,000 sf at Tuscany Plaza to the more modest footprint, according to Studley, which handled the transaction. The lease commences in September.

“It is always gratifying to develop and subsequently implement a strategic real estate plan that has positive economic implications,” Studley Executive Vice President Jim McGrath, who represented the tenant, said in a statement.

Denver-based MPEG LA is the world leader in alternative technology licenses.

CBRE broker Sergio Castaneda represented the landlord in the transaction.

Metropoint is a 280,417-sf office tower with recently renovated common areas, a state-of-the-art conference center and seminar/ training room.

Other News

Promontory Financial Group signed leases for 43,491 and 19,905 square feet at 1999 Broadway in downtown Denver.

Rick Schepis of Cassidy Turley Fuller Real Estate represented the tenant. Transwestern brokers Andrew Piepgras and Peter Thomas represented the landlord.

Urban Settlement Services LLC, doing business as Urban Lending Solutions, signed a lease for 33,493 sf of sublease space at 8744 Lucent Blvd. in Highlands Ranch.

Newmark Knight Frank Frederick Ross brokers Jason Addlesperger, David Lee and Austin Kane represented the sub lessor.

The Colorado Group represented Urban Settlement Services.

Specialized Loan Services subleased 17,389 sf of office space at 8742 Lucent Blvd. in Highlands Ranch. The sub lessor was 5280 Solutions.

Dan Miller and Joe Sigdestad of Cassidy Turley Fuller Real Estate represented the sub lessor.

AngloGold Ashanti, a Johannesburg, South Africa, gold producer, leased 22,819 sf of office space at 6300 S. Syracuse St. in Centennial.

Joe Sigdestad of Cassidy Turley Fuller Real Estate represented the tenant. The landlord is Legacy III Centennial.

Albert Vein Institute PC signed a lease for 10,353 sf of office space at Station Street South, 9400 Station St., in Littleton.

Judson Robertson and Nathan Johnson of Newmark Knight Frank Frederick Ross represented the landlord. Cushman & Wakefield/Colorado Springs Commercial represented the tenant.

Dental Management LLC signed a lease for 7,446 sf of office space at 3216 High St. in Denver. Joe Massie of Sheldon-Gold Realty Inc. represented the landlord.

Catholic Charities signed a more-than-five-year lease for 2,949 sf at 8 W. Dry Creek Circle in Littleton. The landlord is 8 WDC LLC. Catholic Charities will use the office space for religious counseling.

Matt Call and Heather Taylor of NavPoint Real Estate Group were the listing brokers. Jeff Hallberg of Peregrine Brokerage LLC was the cooperating broker.

Marcus Flinders Law Firm leased 2,563 sf of office space at Dayton Office Park, 6595 S. Dayton St., in Greenwood Village.

Dayton Office Park LLC is the landlord.

Brandon Gouker of John Propp Commercial Group represented the landlord in the five year deal.