Colorado-Real-Estate-Journal_455381

Page 10 - April 16-May 6, 2025 www.crej.com Office by Avalon Jacka GLENDALE – A local founda- tion leased a new office space across from Infinity Park. The Buell Foundation leased 8,100 square feet at Cherry Tower, located at 950 S. Cherry St. Bart Boranian Allen and Tanner Mason of Benchmark Commer- cial Real Estate represented the tenant in the transaction. Land- lord Goodman Realty Group was represented by Caitlin Ellenson of Avison Young. “It’s been incredibly rewarding to help the Buell Foundation find a space that truly supports their mission and future growth; I’m proud to play a small part in the impact they are making in the Denver community,” Allen said. “Cherry Tower offers an ideal blend of convenience, function- ality and professional amenities that will serve the foundation well into the future.” After an extensive search to find a space that aligned with the foun- dation’s operational needs and long-term plans, Cherry Tower was selected for its “prime” loca- tion and accessibility to Infinity Park and its “ample” amount of green space, the statement said. “It was a privilege to work with the Buell’s team and ensure they secured the right location to continue their impactful work in Colorado communities,” Mason said. “We look forward to seeing them thrive in their new space.” The 16-story Cherry Tower features expansive views of the mountains from approximately 60% of the property’s window line, a five-level parking garage with a high parking ratio, and an on-site deli, according to Good- man Realty’s website. The land- lord has invested $4 million in interior and exterior improve- ments, and $1.5 million in energy- efficient LED lighting and direct digital controls and life safety improvements. The Buell Foundation will move into the new space, which is nearly 2 miles north of its cur- rent office, this fall. The move ensures the foundation’s team has a modern and efficient work- space, according to a statement from Benchmark Commercial. “We appreciate the expertise, collaborative approach, and pro- fessionalism of Bart and Tan- ner from Benchmark Commer- cial Real Estate in finding this space for our team,” said Buell Foundation Vice President Erica Fukuhara. “The central location of Cherry Tower combined with on-site and surrounding ameni- ties provides an ideal environ- ment for our staff to advance the foundation’s mission.” The Buell Foundation invests in partners across the state who work to support and improve early childhood, according to its website. The foundation has been an integral part of the Denver community since its founder, architect and real estate devel- oper Temple Hoyne Buell, moved to the state in 1921. More than 300 buildings in the state were designed by Buell. The founda- tion is currently partnering with East West Partners on the Cherry Creek West mixed-use project, which is redeveloping a portion of the land Buell acquired a cen- tury ago that would become the Cherry Creek Shopping Center. Other News n COLORADO SPRINGS – A tax services firm signed a new lease for office space in down- town Colorado Springs. SKR Management, doing business as SKR+CO, leased 15,098 square feet at Palmer Center, located at 90 S. Cascade Ave., Suite 700. Grant Seanor of Colorado Springs Commercial and Gary Hollenbeck of Palmer McAllister represented the ten- ant in the lease transaction, and Colorado Spring Commercial’s Greg Phaneuf represented the landlord, Overland Palmer LLC. SKR+CO’s new space is located within the 15-story Wells Fargo Tower in Palmer Center. The Class A center also includes the 14-story 1stBank Center at 2 N. Cascade Ave. Palmer Center fea- tures an above-average parking ratio for the central business dis- trict, strong fiber internet connec- tion, and access to amenities at The Antlers hotel, including the gym, indoor and outdoor pools, hot tub, shower facilities, game room and learning center. Based in Denver and Colorado Springs, SKR+CO provides tax planning, audit and assurance, business consulting, financial analysis and strategic planning services for business and indi- viduals. n FRONT RANGE – SVN | Denver Commercial brokered several office leases across the Front Range. Mercer Advisors leased 12,354 sf in The Tabor Center, located at 1200 17th St., Suite 2000, in downtown Denver, from land- lord Beacon Capital Partners. SVN’s Brian McCririe repre- sented the tenant in the direct deal. The lease highlights the continued demand for Class A office space in the central busi- ness district, a statement from SVN said. Core Progression Denver leased 3,220 sf at 9600 W. Jew- ell Ave. in Lakewood from Buell Foundation leases new office space at Cherry Tower Please see SVN, Page 55 The Buell Foundation will move into its new office in Cherry Tower, located at 950 S. Cherry St., this fall.