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Colorado Access Readies for Expansion, Signs 66,800-SF Lease

DENVER-Colorado Access is adding more space, more employees come fall when it relocates to Two Denver Highlands in the city's southeast corridor. The 66,800-sf pact is one of the largest leases inked for the sector in quite awhile.

By John Rebchook | Updated on February 20, 2001

DENVER-Colorado Access, an HMO providing care for low-income patients, is leasing 66,800 sf in the Two Denver Highlands building, which will be vacated this fall by Raytheon Corp.

It is one of the largest office leases signed in that southeast Denver/central Aurora corridor in recent memory. The seven-year lease is valued at about $10 million. Defense contractor Raytheon Corp. will be relocating into a build-to-suit when its lease expires in the fall, says Trammell Crow Co. broker Richard Bryant, who lists the building along with his son, Steve, also a Trammell Crow broker.

“Steve brought us this building,” Richard Bryant told GlobeSt.com. “With this lease, the building is basically 100% leased.” Space ranges from $19.50 per sf to $21 per sf.Colorado Access will take the fifth and sixth floors. It currently occupies 50,000 sf at One Cherry Street, about four miles from Two Denver Highlands, says Don Oberndorf, of Oberndorf Properties Ltd. Oberndorf, a tenant rep, has had Colorado Access as a client since 1996 – a year after it had been founded.

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