Ridgeline Campus
Ridgeline Campus
The Ridgeline Campus is a three-building suburban office campus located in the heart of Highlands Ranch, Colorado. The 136,994 square foot complex is just a half mile from the Highlands Ranch I & II asset acquired in April 2016. Bancroft paid $21.25 million for Ridgeline Campus in October 2016. Tenants are just steps from the multitude of restaurants and retail at Highlands Ranch Town Center. The asset is currently 96% leased to a diverse tenant base led by Children's Hospital and Kaiser Permanente.
Highlands Ranch I & II
Highlands Ranch I & II
Highlands Ranch I & II is a Class A suburban office campus in Highlands Ranch, Colorado. The two-building, 152,208 square foot complex is located in the southern portion of the Denver metroplex, just 15 miles south of downtown. Bancroft acquired the asset in April 2016 for $25.1 million. The submarket is well-leased and located on the C470 loop which encircles Denver. Highlands Ranch I & II is currently 95% leased to a diverse tenant base led by Arcadis, a multinational engineering firm with sales of $1.5B.
Sixth Avenue West
Sixth Avenue West
Sixth Avenue West, so named for the surrounding submarket at the west end of Denver's Sixth Avenue freeway, is a 124,508 square foot, eight-story office building at 350 Indiana Street in Golden, Colorado. Bancroft purchased the building in October 2015 for $15.7 million. At 84% leased, Bancroft plans to grow the building's occupancy by adding amenities including a new conference facility, cafe, expanded gym, outdoor living space, and a bike room featuring loaner bikes. The dated restrooms will be entirely remodeled to better fit a Class A building.
Denver Highlands
Denver Highlands
Denver Highlands is a 365,000 s.f. office campus composed of a nine-story tower and a five-story tower. It is located 10065 and 10375 East Harvard Avenue in the southeast submarket of Denver, Colorado. The buildings were built by the same developer in the 1980's, but were under separate ownership when Bancroft negotiated to purchase them simultaneously for $31 million November 2014. Bancroft is in the midst of an $11M renovation to bring the buildings back together in a cohesive campus. In addition to an entirely new exterior, the campus will receive an expanded cafe, two newly expanded gyms, new elevators, and a beautiful new plaza, among many other upgrades.
1685-1775 38th Street
1685-1775 38th Street
The 155,821 square foot campus encompasses six buildings at 1685-1775 38th Street in Boulder, Colorado. Formerly the headquarters for tape storage drive manufacturer Exabyte, the campus is now home to four headquarters: the National Ecological Observatory Network, the National Institute for Trial Advocacy, E Source and BiOptix.
Ball Aerospace Campus
Ball Aerospace Campus
Bancroft bought this five-building, 129,425 sf campus in 2005 for $16 million. The campus houses Ball Aerospace, the space and optics divison of Ball Corp.
3333 Walnut
3333 Walnut
3333 Walnut Street is a 65,000 square foot class "A" office building completed in August 1998. It was initially designed as Amgen's regional headquarters at a cost of $230/sf (core and shell) and boasts ten-foot ceilings, heated sidewalks and a dramatic slate-covered lobby. Bancroft purchased the building in shell condition and leased it in December 1999 to London-based Financial Times Group for eight years at the initial rate of $19.25/sf NNN annually. In 2001, FT sold their Boulder operations to McGraw-Hill, our current tenant.
The Peloton
The Peloton
The Peloton is a 385-unit, $150 million dollar, mixed-use condominium development. The 490,000 square foot complex sits on 10 acres of land highlighted by open space, walking paths, courtyards and a dog park. The new-urban community features a fully equipped fitness center, an expansive rooftop deck with swimming pool and two Jacuzzi hot tubs, a movie screening room, a game room, a meeting room, and gated underground parking. Institutional funding for the project was provided by CalPERS..