Colorado Real Estate Journal - August 19, 2015
Allstate Insurance Co. has leased a Class A office building in Lone Tree for a regional office. Allstate will occupy Park Meadows Corporate Center II, a 70,273-square-foot building at 10002 Park Meadows Drive. Ryan Stout, Nate Bradley and Zach Williams of Cushman & Wakefield of Colorado Inc. represented the building owner, Zurich Asset Management. Jason Sheehy, Bob Whittelsey, Tom Hollinden and Mike Cummings of Colliers International represented the tenant. Sheehy said Allstate will relocate from Dry Creek Corporate Center in December as part of a redesign of its corporate office standards. “It was going to be really tough to do in place, in phases,” he said, adding Park Meadows Corporate Center offered single-tenant space with signage and 6:1,000 parking. The building’s former tenant, Sprint, moved out in March after 15 years. The building was constructed in 2000. Park Meadows Corporate Center II is part of the four-building Park Meadows Corporate Center campus. It is located a half-mile from the Lincoln light-rail station, near the intersection of Interstate 25 and the 470 beltway. “The high-quality campus setting adjacent to Park Meadows Mall with world-class retail and restaurant amenities, combined with an unmatched six per 1,000 parking ratio, were significant features for tenants considering Park Meadows Corporate Center II,” said Stout.