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CMC Realty Takes Inverness' Last Flex Space, Plots $17.7-Mil Project

DENVER-CMC Commercial Realty Group is laying the groundwork for a 177,136-sf office flex project in Inverness. The Dallas-based group has snatched up the last of the park's available flex space for the $17.7-million undertaking.

By John Rebchook | Updated on December 27, 2000

DENVER-Dallas-based CMC Commercial Realty Group is planning a 177,136-sf, $17.7-million office flex project in the Inverness Business Park, one of the oldest office/industrial parks along the Interstate 25′s Southeast corridor.

The project is CMC’s first in Denver. Its principals, Jesse Pruitt and Subash Gaitonde, had formerly worked for the Dallas-based Vantage Cos., which developed millions of square feet of office/showroom space in the Denver area during the boom days of the early 1980s. CMC’s 17-acre site is the last of the available flex space in Inverness, which is south of the Denver Tech Center. The property is north of the E-470 toll road and has easy access to Peoria Street. The project includes two 56,546-sf buildings and a 64,044-sf structure.

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