Realty411 Summer 2024 Featuring Randy Hughes | Page 51

Magnetic Capital Announces Bow River Capital Lease Signing at 2nd & Adams in Cherry Creek

Bow River Capital signs 30,000 square foot lease in new office building featuring a “ hospitality­infused ” operating model
By Paul Suter

Magnetic Capital has announced the first office lease signing for the new 2nd & Adams office building in Cherry Creek . Bow River Capital , a Denver­based private alternative asset manager , signed a lease for 30,000 square feet , which will serve as the company ’ s new headquarters .

“ We are excited and honored to have Bow River Capital as an anchor office tenant at 2nd & Adams ,” said Magnetic Capital Managing Partner Chris Carroll . “ They are a highly regarded investment firm with a talented team , and we look forward to welcoming them to the building .”
“ We ’ re thrilled to be moving Bow
River ’ s headquarters to 2nd & Adams and to be the first of many companies that will enjoy the building ’ s forwardthinking design ,” said Bow River Capital Chief Operating Officer Jane Ingalls . “ We were drawn to the focus on hospitality and elevated common areas that 2nd & Adams will provide to our team and guests .”
Construction of the 100,000 square foot mixed­use office development will begin in April 2024 with delivery scheduled for the third quarter of 2025 . The project will include approximately 80,000 square feet of office space and 20,000 square feet of retail . The development team is focused on what it calls a “ hospitality­infused office operating model ” with a heavy emphasis on food and beverage and the broader activation of common areas . The project will have multiple food and beverage and retail concepts across the ground floor and the rooftop will feature a 5,600 square foot bar and restaurant , anchored by best­in­class national operators . More information about 2nd & Adams is available at https :// secondandadams . cbreproperties . com /
OZ Architecture is the architect for the project and Mortenson Construction is the general contractor . OZ Architecture recently released an article on the project https :// ozarch . com / insights / pioneeringupscale­mixed­use­development­comingto­cherry­creek .
51