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one broadway

about this investment

Acquisition Date:

April, 2015

Purchase Price:

$5,155,000

Leverage on Acquisition:

68.1%

One Broadway is a mixed-use commercial property located in Denver, Colorado. The 35,209 SF office and retail property caters to small and mid-sized tenants seeking a professional, urban working environment with unique amenities like an above market parking ratio. The property’s central location offers tenants both an easy commute and access to a variety of shops, restaurants, and entertainment options. 

One Broadway was identified as an acquisition opportunity based upon the ability to capture near-term upside in the rent roll. By offering professional management services, plug & play office suites, and limiting below line capital exposure, Knightbridge Capital has been able to significantly enhance the income performance and stabilized the property.