T Rowe Price

2260 Briargate Parkway (the “Property”) is a crown jewel in Colorado Springs' booming Briargate area. This 140,924 SF Class A office building is located in one of America's fastest-growing markets. The Briargate area boasts a median household income of $200,000, 30% of adults hold master's degrees, and the median house value is $750,000. 2260 Briargate Parkway has a highly competitive 4.97:1,000 SF parking ratio and has flexible floor plates that cater to a variety of tenants needs. Perfectly positioned near several retail amenities, the property offers maximum visibility and easy access to I-25, connecting to Denver and beyond.

T. Rowe Price's short-term lease on the third floor and part of the first floor provides an investor with the best of both worlds – a prestigious anchor tenant to cover immediate carrying costs with the freedom to customize or reposition the asset to create significant value.

Recent renovations and below-replacement-cost pricing make this a compelling value-add opportunity. Whether for a single-tenant headquarters or a multi-tenant office, 2260 Briargate Parkway provides optionality in its business plan.

With Colorado Springs' explosive growth in aerospace, defense, cybersecurity, and tech industries, this investment is poised for phenomenal appreciation in one of Colorado's healthiest markets.