Colorado Real Estate Journal - April 6, 2016
An office/flex park on the C-470 corridor in Littleton recently landed an anchor tenant and is rolling out additional speculative buildings. A leading provider of three-dimensional printing solutions, 3D Systems Inc. leased a 70,000-square-foot building at the new 3D Systems Technology Center at Mountain West. The company provides 3-D printing design-to-manufacturing solutions, including 3-D printers, print materials and cloud-sourced on-demand custom parts. Three-D Systems Technology Center at Mountain West is a 25-acre master-planned park on C-470 between West Bowles and Belleview avenues. A 33,500-sf spec building recently was completed in the park, and site work for a third building totaling 50,000 sf is underway. The development eventually will contain 300,000 to 325,000 sf of Class A single-story buildings of various sizes and is the only project of its kind being developed in the west/southwest metro area. Visible to 64,000 vehicles per day on C-470, the business center will consist of showroom and office/industrial buildings with overhead, grade-level service doors and/or dock-high doors, four-sided architecture and fiber-optic service options. With flexible design and build-to-suit options, it can accommodate the needs of a wide variety of tenants. The recently completed 33,500-sf flex building, located at 5365 S. Alkire St., is ready for tenant improvements. It features two grade-level overhead service doors, 14-foot ceiling clearance and glass on all four sides. Allan Ojala, general partner for the business center, is being assisted in the development by a team that includes Fred Baker and Bob Smith of Ojala & Co., Peter Beugg and Tyler Reed of Jones Lang LaSalle, David Forman of DCF Architecture and DCB Construction Company Inc., the general contractor. Beugg said Class A construction, C-470 visibility and access, and flexibility make 3D Systems Technology Center at Mountain West a desirable option for tenants in the west/southwest submarkets, where vacancies are at historic lows of 1.9 and 1.7 percent, respectively.