Artis REIT (Artis), advised by Marwest Enterprises and development manager Trammell Crow Company (TCC), announced that construction is now under way on 169 Inverness Drive in Denver’s southeast suburban office market. This new 4-story, 120,000-square-foot building is slated to be complete in late 2017. The site is adjacent to 161 Inverness building, the regional headquarters of AT&T, which Artis purchased in 2010.
“Artis REIT is pleased to kick off the construction of 169 Inverness. We feel its ease of access, high-profile visibility, and top-quality design will draw high-quality tenants in the South Denver market. We thank Inverness and Arapahoe County for their cooperation in our development efforts and are excited to work alongside Trammell Crow in completing another property of excellence,” said Philip Martens, Executive Vice-President for Artis REIT.
169 Inverness Drive will offer 10-foot ceilings, an on-site fitness center with showers and locker rooms, secure bicycle storage, and on-site parking as well as covered executive parking.
“We feel that 169 Inverness checks every box a tenant is looking for, including efficient and attractive new construction, an active outdoor environment, walkable amenities and stunning panoramic views. Office tenants will also receive great exposure with a unique location along I-25 at Dry Creek and the opportunity for signage visible from the highway,” said Ann Sperling, senior director with TCC’s Denver office. “The nearby Shops at Vallagio, Inverness Hotel and Convention Center and multiple trails and recreational offerings are each within close proximity to the building.”
Saunders Construction is the general contractor and Fentress Architects is the project architect. The CBRE Denver team of John Marold and Joe Serieno are handling the leasing and marketing for 169 Inverness Drive.