Galloway & Company to Occupy 48% of the Office Building
July 01, 2021
DENVER – Transwestern Real Estate Services (TRS) announces that Galloway & Company signed a 34,000-square-foot lease for its showcase headquarters at 5500 Greenwood in Greenwood Village, Colorado. The architecture and engineering firm will relocate by the end of 2021. Transwestern Senior Vice President David Shapiro represented the landlord, Focus Property Group, in the transaction.
“We’ve seen activity pick up significantly this year,” said Ryan Simpson, Vice President, Investments at Focus Property Group. “While companies are working out plans to return to the office, many others are getting ahead of the pack and into prime spaces.”
Focus Property Group acquired 5500 Greenwood, a 71,000-square-foot office building, in 2018. Following the acquisition, Focus Property Group renovated the lobby and built an 18,000-square-foot coworking space for Enterprise Coworking. Shapiro has been leasing the asset since 2006.
“5500 Greenwood is a solid office building, and Focus Property Group has done a great job of renovating the property,” Shapiro said. “Between the prime location and the landlord’s responsiveness, we were able to negotiate with Galloway & Company quickly.”
Located within the Denver Tech Center, 5500 Greenwood is near The Landmark neighborhood, which features an assortment of restaurants, entertainment and retail. The asset’s location offers excellent access to Interstate 25 and the light rail system.
Galloway & Company will have prominent signage visible from both northbound and southbound of Interstate 25. The firm is planning extensive renovations to create their long-term showcase headquarters.
JLL Managing Directors Tim Bourdelais and Mike Rooks represented Galloway & Company in the transaction.
About Focus Property Group
Focus Property Group develops high-quality office, retail, residential, hospitality, and mixed-use properties primarily in Denver’s urban core. Led by President Bahman Shafa and Executive Vice President Josh Fine, Focus believes deeply in the enduring value of cities and invests in locations that leverage the urban environment with access to transit and other key urban amenities. For more information visit: focuspropertygroupllc.com.
About Transwestern Real Estate Services
Transwestern Real Estate Services (TRS) adds value for investors, owners and occupiers of all commercial property types through a comprehensive perspective and by providing solutions grounded in sound market intelligence. Part of the Transwestern companies, the firm applies a consultative approach to Agency Leasing, Asset Services, Tenant Advisory + Workplace Solutions, Capital Markets, and Research & Investment Analytics.
The privately held Transwestern companies have been delivering a higher level of personalized service and innovative real estate solutions since 1978. An integrated approach formed from fresh ideas drives value for clients across commercial real estate services, development, investment management and opportunistic programs for high-net-worth investors. The firm operates through 34 U.S. offices and global alliances with BNP Paribas Real Estate and Devencore. Learn more at transwestern.com and @Transwestern.