CONTACT US
Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting cushmanwakefield.com to read:%0A%0A {0} %0A%0A {1}

Cushman & Wakefield Denver's Equity, Debt & Structured Finance Group Secures $25.5MM Refinance for Landmark Corporate Center

8/5/2020
DENVER, Colo., August 5, 2020 – Cushman & Wakefield has announced that the firm’s Denver Equity, Debt & Structured Finance Group has arranged the refinance loan for Landmark Corporate Center.

5500 S QuebecLandmark Corporate Center is a 100% leased, 210,557-square-foot, multi-tenant office building located at 5500 South Quebec Steet in the Denver Tech Center. The property is walkable to nearby amenities such as The Landmark, a 170,000-sf mixed-use center and the Orchard Light Rail Station. The $25,480,000 cash-out refinance was a 10-year loan with interest only for the first five years.

Executive Managing Director, Baxter Fain along with Christina Grimme of Cushman & Wakefield’s Equity, Debt & Structured Finance Group in Denver handled the debt financing.

“Getting through the finish line was an extraordinary ‘all hands’ effort in this credit market. Now that the loan is closed, this investment can deliver significantly above market returns to our investors and positions us to continue to deliver exceptional service in an exceptional location to our tenants,” commented Eric Davis, President and Chief Investment Officer of Integrity Wealth Advisors.

"Amid the pandemic, lenders continue to be selective on credit profile, asset type, and leverage. The Landmark Corporate Center’s strong rent roll and credit tenancy were key in getting the deal across the finish line,” said Baxter Fain.

About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2023, the firm reported revenue of $9.5 billion across its core services of property, facilities and project management, leasing, capital markets, and valuation and other services. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), sustainability and more. For additional information, visit www.cushmanwakefield.com.

Contact/Author

Joshua Deale San Diego Communications Manager
Joshua Deale

Communications Manager • Costa Mesa

Mr. Deale leads strategic media relations and thought leadership efforts for the West Region markets, and oversees their online presence including managing article and social media efforts.

With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on  Cookies

More Options
Agree and Close
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All
SAVE SETTINGS