Caractéristiques de l'actif
Description de l'actif
Palmer Center represents the Best-in-Class office complex in Downtown Colorado Springs, a single digit vacancy Central Business District, and has served as the city’s premier office destination for tenants. The offering is a generational opportunity to own the top asset in a market that has a 92% return to-office metric and an expanding population base that is forecasted to outpace Denver by 2050. Palmer Center also is the only office asset in the Downtown market to offer on-site servicing retail and a dedicated covered parking garage (1,647 spaces offering a ratio of 3:1,000 SF).
Colorado Springs is a top 10 performing large city according to Milken Institute given its high-growth industries, such as aerospace, defense, cybersecurity, chip manufacturing, and tech.
Palmer Center's 459,500 SF anchors the Colorado Springs Central Business District, representing 9% of the total office space. This market is fundamentally strong with current vacancy at 8.2% and average asking lease rates at $26.88 with Class A rents averaging $33.23 Full-Service Gross. At 78.2% leased, Palmer Center is dislocated to its historical occupancy as well as the broader CBD market indicating an opportunity to capture value-add returns in a core asset.
Leasing demand comes from a wide range of industries. The city is anchored by five military installations in a state that boasts the 2nd largest space economy in the United States. Colorado Springs has and will continue to attract new companies and high performing talent.
Points clés d'investissement
- Best-In-Class Office Complex in Colorado Springs
- On-Site retail and full service hotel with Palmer Center complex
- Sub 10% vacancy market
- Colorado Springs leads the nation in return to work at 92%
- Subterranean parking at a market leading 3 per 1,000 SF ratio
- High growth residential market with 2,800 units delivered in the CBD since 2016
- Thriving CBD with only 4% retail vacancy
- Colorado Springs is among the highest rate markets with strong economic fundamentals
Média
![Palmer Center 4_Actifs en vente](https://res.cloudinary.com/jll-global-cmg/image/upload/w_1920,q_auto/ar_1.7777777777777777,c_crop/w_876,q_auto,c_scale/v1713211433/Prod/DealX/Img/711d9696-87df-4a5c-a924-11a049fcf1a8.jpg)
![Palmer Center 4_Actifs en vente](https://res.cloudinary.com/jll-global-cmg/image/upload/w_1920,q_auto/ar_1.7777777777777777,c_crop/w_1100,q_auto,c_scale/v1713211433/Prod/DealX/Img/41c12f86-3080-41d7-8ad7-e426795111f7.jpg)
![Palmer Center 0_Actifs en vente](https://res.cloudinary.com/jll-global-cmg/image/upload/w_1920,q_auto/ar_1.7777777777777777,c_crop/w_410,q_auto,c_scale/v1713211433/Prod/DealX/Img/61345ad8-75bf-46cf-8554-1a87c5eb9a56.jpg)
![Palmer Center 0_Actifs en vente](https://res.cloudinary.com/jll-global-cmg/image/upload/w_1920,q_auto/ar_1,c_crop/w_324,q_auto,c_scale/v1713211433/Prod/DealX/Img/61345ad8-75bf-46cf-8554-1a87c5eb9a56.jpg)
![Palmer Center 1_Actifs en vente](https://res.cloudinary.com/jll-global-cmg/image/upload/w_1920,q_auto/ar_1.7777777777777777,c_crop/w_410,q_auto,c_scale/v1713211409/Prod/DealX/Img/c6040ebc-bc59-45de-9aa4-29793f6a0af8.jpg)
![Palmer Center 1_Actifs en vente](https://res.cloudinary.com/jll-global-cmg/image/upload/w_1920,q_auto/ar_1,c_crop/w_324,q_auto,c_scale/v1713211409/Prod/DealX/Img/c6040ebc-bc59-45de-9aa4-29793f6a0af8.jpg)
![Palmer Center 2_Actifs en vente](https://res.cloudinary.com/jll-global-cmg/image/upload/w_1920,q_auto/ar_1.7777777777777777,c_crop/w_410,q_auto,c_scale/v1712948528/Prod/DealX/Img/47af68bd-30b7-4908-89bb-989a7faddd06.jpg)
![Palmer Center 2_Actifs en vente](https://res.cloudinary.com/jll-global-cmg/image/upload/w_1920,q_auto/ar_1,c_crop/w_324,q_auto,c_scale/v1712948528/Prod/DealX/Img/47af68bd-30b7-4908-89bb-989a7faddd06.jpg)
![Palmer Center 3_Actifs en vente](https://res.cloudinary.com/jll-global-cmg/image/upload/w_1920,q_auto/ar_1.7777777777777777,c_crop/w_410,q_auto,c_scale/v1713211433/Prod/DealX/Img/831bda22-72db-468f-a4d0-d9ee2cedd209.jpg)
![Palmer Center 3_Actifs en vente](https://res.cloudinary.com/jll-global-cmg/image/upload/w_1920,q_auto/ar_1,c_crop/w_324,q_auto,c_scale/v1713211433/Prod/DealX/Img/831bda22-72db-468f-a4d0-d9ee2cedd209.jpg)
![Palmer Center 4_Actifs en vente](https://res.cloudinary.com/jll-global-cmg/image/upload/w_1920,q_auto/ar_1.7777777777777777,c_crop/w_410,q_auto,c_scale/v1713211433/Prod/DealX/Img/ce9f74f0-4f14-4dec-ac72-431c1ff4809a.jpg)
![Palmer Center 4_Actifs en vente](https://res.cloudinary.com/jll-global-cmg/image/upload/w_1920,q_auto/ar_1,c_crop/w_324,q_auto,c_scale/v1713211433/Prod/DealX/Img/ce9f74f0-4f14-4dec-ac72-431c1ff4809a.jpg)
![Palmer Center 5_Actifs en vente](https://res.cloudinary.com/jll-global-cmg/image/upload/w_1920,q_auto/ar_1.7777777777777777,c_crop/w_410,q_auto,c_scale/v1713211434/Prod/DealX/Img/9483e668-3962-497f-9162-9f5051fed2b8.jpg)
![Palmer Center 5_Actifs en vente](https://res.cloudinary.com/jll-global-cmg/image/upload/w_1920,q_auto/ar_1,c_crop/w_324,q_auto,c_scale/v1713211434/Prod/DealX/Img/9483e668-3962-497f-9162-9f5051fed2b8.jpg)
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![Palmer Center 6_Actifs en vente](https://res.cloudinary.com/jll-global-cmg/image/upload/w_1920,q_auto/ar_1,c_crop/w_324,q_auto,c_scale/v1713211433/Prod/DealX/Img/1a29717e-bdb7-4d30-9a4a-fdde550219ec.jpg)
![Palmer Center 7_Actifs en vente](https://res.cloudinary.com/jll-global-cmg/image/upload/w_1920,q_auto/ar_1.7777777777777777,c_crop/w_410,q_auto,c_scale/v1713211433/Prod/DealX/Img/46122dae-f95c-40ba-96f3-a58d41eabd2f.jpg)
![Palmer Center 7_Actifs en vente](https://res.cloudinary.com/jll-global-cmg/image/upload/w_1920,q_auto/ar_1,c_crop/w_324,q_auto,c_scale/v1713211433/Prod/DealX/Img/46122dae-f95c-40ba-96f3-a58d41eabd2f.jpg)
![Palmer Center 8_Actifs en vente](https://res.cloudinary.com/jll-global-cmg/image/upload/w_1920,q_auto/ar_1.7777777777777777,c_crop/w_410,q_auto,c_scale/v1713211433/Prod/DealX/Img/6991265e-b945-4730-bf69-efba42b390cb.jpg)
![Palmer Center 8_Actifs en vente](https://res.cloudinary.com/jll-global-cmg/image/upload/w_1920,q_auto/ar_1,c_crop/w_324,q_auto,c_scale/v1713211433/Prod/DealX/Img/6991265e-b945-4730-bf69-efba42b390cb.jpg)
![Palmer Center 9_Actifs en vente](https://res.cloudinary.com/jll-global-cmg/image/upload/w_1920,q_auto/ar_1.7777777777777777,c_crop/w_410,q_auto,c_scale/v1713211433/Prod/DealX/Img/efaabfc4-0fab-417a-b91b-31476208153c.jpg)
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![Palmer Center 10_Actifs en vente](https://res.cloudinary.com/jll-global-cmg/image/upload/w_1920,q_auto/ar_1.7777777777777777,c_crop/w_410,q_auto,c_scale/v1713211433/Prod/DealX/Img/c68339b4-59da-42a5-971f-a63a0b43b52f.jpg)
![Palmer Center 10_Actifs en vente](https://res.cloudinary.com/jll-global-cmg/image/upload/w_1920,q_auto/ar_1,c_crop/w_324,q_auto,c_scale/v1713211433/Prod/DealX/Img/c68339b4-59da-42a5-971f-a63a0b43b52f.jpg)
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