deal image
90 S Cascade AveColorado Springs, CO 80903
Palmer Center
Asset ClassOffice
Best-In-Class Office (Sub 10% Vacancy CBD) | Downtown Colorado Springs
overview of deal

Overview

Palmer Center represents the Best-in-Class office complex in Downtown Colorado Springs, a single digit vacancy Central Business District, and has served as the city’s premier office destination for tenants. The offering is a generational opportunity to own the top asset in a market that has a 92% return to-office metric and an expanding population base that is forecasted to outpace Denver by 2050. Palmer Center also is the only office asset in the Downtown market to offer on-site servicing retail and a dedicated underground parking garage (1,647 spaces offering a ratio of 3:1,000 SF).

Access the Data Room

Investment Highlights

  • Best-In-Class Office Complex in Colorado Springs
  • On-Site retail and full service hotel within the Palmer Center complex
  • Sub 10% vacancy market
  • Colorado Springs leads the nation in return to work at 92%
  • Subterranean parking at a market leading 3 per 1,000 SF ratio
  • High growth residential market with 2,800 units delivered in the CBD since 2016
  • Thriving CBD with only 4% retail vacancy
  • Colorado Springs is among the highest rated markets with strong economic fundamentals
deal gallery image
deal gallery image
deal gallery image
90 S Cascade AveColorado Springs, CO 80903
deal image

Inquire

Listing provided by Revere CRE