Prime US Reit leases 40,000 sq ft at Denver office building to S&P Global

S&P Global has signed an 11-year lease for the office space at Village Centre Station 1 (Picture: Prime US Reit)
S&P Global has signed an 11-year lease for the office space at Village Centre Station 1 (Picture: Prime US Reit)
Prime US Reit, a Singapore Exchange-listed Reit focused on US office assets, has inked a deal to lease approximately 40,000 sq ft of office space in Denver, Colorado, US, to S&P Global. The 11-year lease will increase committed occupancy at Village Center Station I, a nine-storey Class A office building, from 63% to 80%, the Reit’s manager says in an April 6 release.
It adds that it will be curating a new workplace for S&P Global’s employees in the Denver area. “By curating its new workplace, we aim to support S&P Global’s regional footprint and business objectives,” adds Rahul Rana, CEO of Prime US Reit’s manager.
Village Center Station I is located in the Greenwood Village suburb in Denver. It includes a fitness centre with shower facilities, a conference centre, a collaboration area, an outdoor courtyard, and an adjacent parking structure. Last year, the building’s main lobby on the ground floor was refurbished, with works completed in December.
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He adds: “We are confident that high-quality, transit-served, amenity-rich assets like Village Center Station I will continue to win demand from leading [corporations] looking to bring people back into collaborative, experience-driven workplaces.”
Prime US Reit currently has a portfolio of 13 freehold office properties across 12 US office markets.
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