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St. John Buys 81 Acres in Colorado, Plans $95M Office Park

Baltimore, MD-based St. John Properties, Inc. acquired 81 acres of land in Broomfield, CO with plans to develop Simms Technology Park. The $95-million mixed-use business community would contain nearly 600,000 square feet of single-story, multi-story office and flex/R&D space. Phase one of the development is expected to commence in early 2021.

St. John Properties’ Brandon Jenkins says, “This strategically-positioned site provides the opportunity to execute our long-term development strategy in a section of Colorado that contains every essential metric for sustained growth and economic vitality.”

Purchased from Brocade Communications Systems, LLC, the site at N. Simms Street and W. 112th Avenue is roughly 20 miles northwest of metro Denver. It will be comprised of two multi-story Class A office buildings containing 200,000 square feet of space; five single-story office buildings offering 150,000 square feet of office space; six R&D/flex buildings containing 220,000 square feet of space; an 8,000 square foot retail building and four retail pad sites.

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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency integrated marketing communications roles. He is responsible for Connect’s client content operations and public relations strategy. He is involved in a range of initiatives ranging from content strategy, message development, copywriting, Social Media and content marketing services. Dennis’s communications background in the real estate industry includes working with many of the top real estate firms – from brokerage companies, developers, homebuilders, investors, owners, lawyers, asset advisors, lenders, architects and property management firms. • Marketed more than 1 Billion Square Feet of Office Space • 70,000 Multifamily/Condo Units • 15,000 Single Family Homes • 30 Million Square Feet of Retail Space • Representing Roughly $100 Billion in Investment In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. Dennis’s agency background on integrated communications teams at many reputable agencies and has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. He formerly was President of the Public Relations Society of America’s Los Angeles of public relations professional, and served on the Board of Directors. He also taught a public relations extension course at Loyola Marymount University. Dennis’s has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements.

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  • ◦Sale/Acquisition
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