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11/04/22
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An affiliate of Boston-based Albany Road Real Estate Partners has acquired Epic One, a premier Class A office building totaling 146.1k sf in Colorado Springs, CO. The five-story multi-tenant asset was approximately 87% leased at the time of sale.
Located at 10807 New Allegiance Dr, Epic One is well positioned in the highly sought-after InterQuest Business Park in northern Colorado Springs. Constructed in 2009, it is one of Colorado Springs’ newest multi-tenant office buildings and features LEED Silver design.
The building is elevated above Interstate 25 with prominent visibility to over 130,000 vehicles daily, and mountain views of Pikes Peak and the Front Range. Additional highlights include flexible, efficient floor plates, high-end finishes throughout, an on-site fitness facility, and 5/1000 parking ratio.
Epic One is situated on approximately 9.4 acres at the intersection of Interstate 25 and Interquest Pkwy, providing quick connection to the extensive executive and employee housing on Colorado Springs’ north side, and is ten minutes from Downtown Colorado Springs and only thirty minutes from Metro Denver.
Cushman & Wakefield’s Aaron Johnson and Jon Hendrickson represented the seller in the transaction.
“Epic One is a true trophy office asset and is recognized as one of the highest quality multi-tenant office buildings in Colorado Springs. The property is well leased to a diverse tenant roster across many industry sectors including Aerospace & Defense, Healthcare and Technology, providing durable in-place cash flow with potential significant investor upside in a constrained Class A market,” said Johnson. “This premier asset is exceptionally located and has consistently performed at the top of the market, even defying the pandemic, attracting and retaining tenants over the last three years.”
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