Denver, CO, April 13, 2014 --(PR.com
)-- Etkin Johnson Real Estate Partners, a Denver‐based development, investment, ownership and management company, today announced the completion of two industrial lease transactions totaling more than 30,000 square feet at Business Center at Westminster Mall, located at West 91st Avenue and North Harlan Street in Westminster. The new leasing activity has taken the property’s occupancy rate to 100 percent.
In the first transaction, Surefire Medical, Inc., a growing developer of innovative infusion systems for the interventional radiology and interventional oncology markets, signed a five-year lease for 20,840 square feet, representing the largest block of contiguous space remaining in the building. The tenant plans to use the space as its corporate headquarters and central operating facility.
In the second transaction, Conception to Reality, an engineering and project management company providing a wide range of expert services for large scale food and beverage packaging initiatives, signed a three-year lease for 9,420 square feet. The company is relocating from its facility at 7100 Broadway in order to expand and accommodate its growth.
Both companies are scheduled to occupy their new spaces in May.
Ryan Good, Etkin Johnson’s vice president leasing/sales negotiated the transactions with Hadley Cox and Jeremy Kroner of CBRE who represented Surefire Medical and Mike Wafer of Newmark Grubb Knight Frank, who represented Conception to Reality.
Built in 1980, Business Center at Westminster Mall consists of six one-story light industrial/service buildings containing 122,444 square feet located just off US-36 and Sheridan Boulevard. With direct access to major highways, the property’s central location between Denver and Boulder puts it within easy reach of major business and retail amenities as well as a labor pool that is among the best educated in the nation.
“Business Center at Westminster Mall is a great fit for our company,” said Lori Ann Santamaria of Surefire Medical. “The space has the capability of supporting our company’s continued growth and the property’s location will allow us to access the most highly skilled labor pool in the region.”
Santamaria added that Surefire expects to hire as many as 45 new employees as it expands manufacturing of its novel medical devices to meet rapidly growing demand.
“Surefire Medical and Conception to Reality are great additions to Business Center at Westminster Mall,” said Good. “Our objective is to provide our tenants with the highest value and a superior work environment that will support their long-term needs. We’re pleased to be able to fulfill their space requirements and to be a part of their continued growth.”