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Pivot Energy Leases Office Space At 1601 Wewatta Street In Denver, CO

Property Image
LEASED
$35
Chris Phenicie
Allison Berry
+ 1

Colorado

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Office22,628 SF
Leased 04/24/2023
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Property Image
LEASED

Pivot Energy Leases Office Space At 1601 Wewatta Street In Denver, CO

1601 Wewatta Street, Denver, Colorado 80202, United States

See Similar Deals
Office22,628 SF
Leased 04/24/2023
Chris Phenicie
Allison Berry
+ 1
Contact now

Summary

COLORADO
Asset Type:Office
Price Per Square Foot:$35
Total Square Footage:22,628 SF
Transaction Type:Lease

The office property located at 1601 Wewatta Street in Denver, CO has been leased. The landlord, Morgan Stanley, has entered into an agreement with Pivot Energy as the tenant. The lease transaction was facilitated by Chris Phenicie and Allison Berry of CBRE, representing the landlord, and Andrew Blaustein & Josh Pons of Newmark, representing the tenant. The total square footage of the leased space is 22,628 square feet.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: N/A
  • Address: 1601 Wewatta Street, Denver, CO
  • Market: Denver, CO
  • Landlord: Morgan Stanley
  • Tenant: Pivot Energy
  • Landlord's Rep: Chris Phenicie and Allison Berry - CBRE
  • Tenant's Rep: Andrew Blaustein & Josh Pons - Newmark
  • Asking Rent: $35/ft.
  • Square Footage: 22,628

Andrew Blaustein & Josh Pons from Newmark played a significant role in representing Pivot Energy as the tenant during the lease transaction. Their expertise and negotiation skills were instrumental in securing the deal. Meanwhile, Chris Phenicie and Allison Berry from CBRE represented the landlord, Morgan Stanley, ensuring a smooth negotiation process for the lease terms.

Players

Andrew Blaustein
2 deals
BROKER

Chris Phenicie
CBRE
1 deal(303) 628-7411
BROKER



Morgan Stanley
LENDER

Details

LEASED
IMAGE: Andrew Blaustein & Josh Pons DATE: 04/24/2023 ADDRESS: 1601 Wewatta Street MARKET: Denver, CO ASSET TYPE: Office LANDLORD: Morgan Stanley TENANT: Pivot Energy LANDLORD'S REP: Chris Phenicie and Allison Berry - CBRE TENANT'S REP: Andrew Blaustein & Josh Pons - Newmark ASKING RENT: $35/ft. ~ SF: 22,628

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Deal Type
Effective Rent (Annual)

$907,916.31

Total Lease Value

$9,079,163.14

Net Landlord Cash Flow$907,916.31