The Boardroom at Cherry Creek, a privately owned executive suite/office business center operation since 1990, announced today that it has recently signed a ten year renewal agreement on its office space in the Ptarmigan at Cherry Creek building in the Cherry Creek neighborhood of Denver. The office center encompasses more than fourteen thousand square feet and features 50 dedicated offices and five meeting rooms.
The term of the lease is for 122 months, beginning November 1, 2008. The landlord for Ptarmigan at Cherry Creek is Hamilton-Titan Partners, LLC. Jones Lang LeSalle represented The Boardroom at Cherry Creek in the transaction and Cushman & Wakefield represented Hamilton-Titan Partners.
Ptarmigan at Cherry Creek is a 400,000 + square foot class-A office building located near the intersection of Cherry Creek North Drive and Colorado Blvd. The building features an on-site fitness center for building tenants, direct access to the Cherry Creek bike path, café, coffee shop, 75-person training room, free visitor parking and on-premises underground garage parking. Ptarmigan at Cherry Creek has easy access to Colorado Blvd and is just 1.5 miles from I-25, 10 minutes from downtown Denver, 6 miles from the Denver Tech Center and 30 minutes from Denver International Airport.
“The completion of this lease renewal provides us a great opportunity to continue serving the business community of Denver,” said Nathan Jansch, President and General Manager of The Boardroom at Cherry Creek. “My parents started this company back in 1990 with only a little more than 8,000 square feet. Since then, we’ve expanded both in size and in the number of services that we provide to our clients. I am very pleased knowing that we will be able to continue operating our office business center in Cherry Creek long into the future.”
“Not only is this a great building to be in and a great community to be part of,” Jansch continued, “but by signing this deal, we’ll be able to continue making investments in our office suite which will enhance our clients’ experience with us.”
Karla Schoen, Senior Property Manager for Hamilton-Titan Partners, said, "We are delighted that The Boardroom at Cherry Creek has decided to remain at Ptarmigan for an additional extended period of time. It is a pleasure doing business with The Boardroom and we are looking forward to continuing our business relationship with them."
Jansch added, “In many markets, including here in Central Denver, the demand for serviced offices continues to remain strong as many companies are seeking alternatives to conventional long term leases during this time of economic uncertainty. The flexible lease terms and multiple officing options that we offer allow our clients to stay nimble and minimize their risk.”
The Boardroom at Cherry Creek offers its clients dedicated office space, virtual office plans, live receptionist services, conference room rentals, and administrative services. Their flexible agreement terms allow companies, both large and small, to grow and contract their businesses in accordance with market conditions. The Boardroom at Cherry Creek also provides state-of-the-art telephone and internet services; furnished and unfurnished offices; office package pricing which includes all communications and administrative fees; and global access to conference facilities at more than 650 locations around the world through the Alliance Business Centers Network.
About The Boardroom at Cherry Creek
The Boardroom at Cherry Creek (boardroomdenver.com) is a privately owned executive suite first established in Denver, CO in 1990 by Charles & Carol Jansch. In 2004, Nathan Jansch purchased the assets of the company and has since increased its revenues 32%. With its 50 individual offices and integrated telecommunications systems, The Boardroom at Cherry Creek provides a sophisticated office atmosphere for industry professionals to conduct their day-to-day operations. Additionally, almost 100 other businesses utilize the virtual office and conference room services offered by The Boardroom at Cherry Creek to enhance their corporate efficiency and profitability.
Clients of The Boardroom at Cherry Creek represent industries such as law, finance, technology development, health care, non-profit administration and other varied fields.