描述

Jones Lang LaSalle Americas ("JLL") is pleased to present the exclusive opportunity to acquire Civica Cherry Creek, a 116,520 SF trophy office building at 250 Fillmore Street in Cherry Creek North—Denver's most affluent and tightly-held commercial district. Completed in 2018, Civica is recognized as Cherry Creek's top asset.

The Building is 93% leased with a 4.9-year weighted average lease term and has maintained an average 4% vacancy rate since delivery. The tenant roster is anchored by Ulysses Development Group's 22,101 SF headquarters lease through 2037. Civica features a 59% cumulative mark-to-market opportunity across 81,405 SF of leases rolling through August 2032. In-place rents have increased 59% since the 2021 sale—from $39.50 PSF NNN to $63 PSF NNN—yet remain below new construction rates.

The 250 Fillmore Street address positions Civica at the center of Cherry Creek North's culinary transformation, with three prominent restaurants—Le Colonial, the upcoming The Henry at Artise, and Michelin-recognized Uchiko—recently opened on this block. Over 200 shopping and dining destinations are within walking distance.

Civica features hospitality-inspired amenities including a fireside great room with concierge service, rooftop terrace with panoramic mountain views, private wine cellar, luxury locker rooms, conference center, and a market-leading 1.8 spaces per 1,000 SF parking ratio. Average floor plates of approximately 22,000 SF accommodate varying tenant sizes, while the top two floors attract premium tenants seeking full-floor occupancy.

Civica Cherry Creek represents a rare opportunity to secure an irreplaceable foothold in Denver's most exclusive and tightly-held submarket—a best-in-class asset at the absolute center of Cherry Creek North's $2+ billion transformation.

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