OFFERING MEMORANDUM East Arapahoe Road, Greenwood Village, CO. JEFF HALLBERG PRINCIPAL

Transcription

1 SENIOR VICE PRESIDENT /

2 EXECUTIVE SUMMARY Shane and Company is located in Greenwood Village, CO just south of Downtown Denver. The City of Greenwood Village is a located in Arapahoe County, Colorado, United States. The city is a part of the Denver-Aurora-Lakewood, CO Metropolitan Statistical Area. As of 2010, the city has a total population of 13,925. The Denver-Aurora-Lakewood, CO Metropolitan Statistical Area had an estimated population of 2,645,209 on July 1, 2012 (the 21st most populous MSA in the U.S.). However, Denver and Aurora combined make up less than half of the Denver Metro Area s population and Aurora has approximately half the population of Denver. The estimated population of Denver-Aurora, CO Combined Statistical Area was 3,214,218 on July 1, 2012 SENIOR VICE PRESIDENT /

3 AERIAL VIEW SENIOR VICE PRESIDENT /

4 MARKET HIGHLIGHTS Major transportation and logistics center Denver serves as the major transportation gateway to the West, with a well developed infrastructure. Emphasis on highly skilled jobs Denver s highly educated and skilled labor force attracts tech employers. High median income Median household income, at $63,700per year, is roughly $10,000 greater than the national median income. SENIOR VICE PRESIDENT /

5 NEARBY AMENITIES SENIOR VICE PRESIDENT /

6 NEARBY AMENITIES SENIOR VICE PRESIDENT /

7 REGIONAL & LOCATOR MAPS SENIOR VICE PRESIDENT /

8 THE TENANT Shane and Company information to go here. SENIOR VICE PRESIDENT /

9 LEASE ABSTRACT LEASE TABLE TO GO HERE SENIOR VICE PRESIDENT /

10 FINANCIAL ANALYSIS SENIOR VICE PRESIDENT /

11 FINANCIAL ANALYSIS SENIOR VICE PRESIDENT /

12 THE MARKET: Overview Denver is at the center of Colorado s Front Range, nestled at the convergence of the Great Plains and the majestic Rocky Mountains. Most of the metro is situated east of the mountains. The Rocky Mountains act as a formidable barrier, protecting the metro from many strong Pacific winter storms. The eastern and northern reaches of the metro are expected to receive the majority of future development, as land in these areas is relatively flat and affordable. Denver s elevation of 5,280 feet above sea level provides it with the nickname: Mile- High city. DENVER Metro The Denver-Aurora-Broomfield metro consists of Broomfield, Arapahoe, Denver, Adams, Douglas and Jefferson counties. Denver, which is both a county and a city, is the largest of each, with more than 643,000 residents. The entire metro is expected to post an average population gain of 1.2 percent annually over the next five years. Infrastructure Denver is the primary transportation and distribution hub of the Intermountain West and is becoming a major international logistics center. The region is accessed by three interstates and two freight rail lines. Interstate 25 is a major NAFTA transportation corridor. SENIOR VICE PRESIDENT /

13 THE MARKET: Overview In addition, Transport is a mixed-use development that provides intermodal facilities near the airport. Air passenger service is provided by Denver International Airport, while Front Range, Centennial and Rocky Mountain Metropolitan are reliever facilities. Nearly 50 million passengers pass through DIA annually and roughly 30,000 people are employed at the facility. The Regional Transportation District operates the metro s buses and light-rail vehicles. Work is under way to expand the rapid-transit rail system along six new lines, as well as extend existing routes and add to the region s bus network. Largest Cities in Metro by Population Denver 643,000 Aurora 341,400 Lakewood 146,600 Thornton 124,200 Westminster 109,800 Arvada 108,700 Airports Denver International Airport Front Range, Centennial and Rocky Mountain Metropolitan reliever airports Six smaller airports Major Roadways Interstates 25,70,76,225 and 270 Highways6, 36, 85, 285 and 470 Rail, Union Pacific Passenger - Amtrak Commute Freight-BNSF r - RTD Light Rail The Denver Metro is: 1,015 miles from Los Angeles 1,010 miles from Chicago 715 miles from El Paso 540 miles from Omaha SENIOR VICE PRESIDENT /

14 THE MARKET: Overview Eastridge Medical Office HIGHLANDS RANCH, CO DENVER Economy Denver s economy is expanding, with the annual change in the metro s gross metropolitan product (GMP) expected to reach 3.6 percent this year. Retail sales rose an estimated 5.3 percent last year, above the national average. The area benefits from its position as a regional business and government hub. The state capitol is located in Denver, and the metro is home to 17 Fortune 1000 firms. Key drivers of the region s economy include aerospace, bioscience, energy, financial services, healthcare, aviation, information technology and software development, and telecommunications. There are more than 400 aerospace companies and suppliers in the metro. Defense-related manufacturers such as Lockheed Martin and Raytheon also have significant operations in the metro. Supporting these sectors is a highly educated work force and a base of companies that serve as a magnet for startups, as Denver is often recognized as fertile ground for entrepreneurs. Denver also attracts alternative energy companies such as Ascent Solar Technologies and Vestas Wind Systems, both of which have local headquarters. The National Renewable Energy Laboratory in Golden, and the Department of Energy s laboratory for renewable energy SENIOR VICE PRESIDENT /

15 DEMOGRAPHICS Traffic Count Arapahoe Road/Emporia Street in excess of 55,700 VPD (2014) Source: DRCOG Demographics Distance Population Average HH income (2015 est) 1 mile 10,444 $101,396 3 mile 68,926 $112,889 5 mile 231,648 $102,957 Source: CoStar (TO BE STYLIZED) SENIOR VICE PRESIDENT /

16 CONFIDENTIAL MEMORANDUM & DISCLAIMER LEE & ASSOCIATES DENVER DISCLAIMER TO GO HERE SENIOR VICE PRESIDENT /