One Park Centre

Westminster (Denver), CO
Date Acquired: August, 2015
SF: 69,000

One Park Centre is a four-story office building located in Westminster, a suburb north of Denver. Presidio Property acquired the property off-market from a private investor who owned it for several years. Similar to many of Presidio Property’s acquisitions, this property had strong in-place cashflow with several leases at below-market rent. To add further value, Presidio Property is renovating the common areas to create a more modern environment desired by today’s tenants. The property’s location caters to local businesses preferring to locate near employee housing rather than commuting to Denver’s other employment centers.