DECEMBER 4, 2024
New Leases Signed at ASB’s Colorado Center Investment
DENVER, CO – December 4, 2024 — ASB Real Estate Investments (ASB) announced today the recent signing of seven leases for more than 41,000 square feet of space at Colorado Center, an 857,000-square-foot mixed-use campus in Denver. ASB invests in Colorado Center on behalf of its Allegiance Fund, a core investment vehicle, in joint venture with Lincoln Property Company.
The new leases to LGI Homes, Lee & Associates, Essex Financial, New York Life, Beacon Pointe Advisors, NGL Supply and Bryten Real Estate Partners were all at Tower II. Over the last two years, Colorado Center has secured 250,000 square feet worth of leases with 160,000 square feet of that to new tenants.
Colorado Center includes four office buildings and retail space consisting of the popular food hall Junction Food & Drink, as well as a Regal movie theater with IMAX and a Dave & Buster’s. The Colorado station stop of the RTD light rail system—serving the E, F, and H lines—is located on the site at the intersection of I-25 and Colorado Boulevard.
About ASB Real Estate Investments
ASB Real Estate Investments, a division of ASB Capital Management LLC, is a leading U.S. real estate investment management firm with $6.2 billion* in gross assets under management from over 310 institutional clients. Headquartered in the Washington, D.C. area, ASB invests in high-demand markets across the United States, concentrating in industrial, multifamily, self-storage, retail, and office properties. For more information about the company, visit www.asbrealestate.com.
*as of September 30, 2024
The information provided in the release does not constitute an offer to sell or buy securities or the solicitation of an offer to sell or buy securities.