Colorado State Land Board Selects Hospitality at Work® to Manage Commercial Property Portfolio

Colorado State Land Board Selects Hospitality at Work® to Manage Commercial Property Portfolio

DENVER–()–The Colorado State Land Board has chosen Hospitality at Work® to handle its thirteen-building business portfolio, totaling 650,000 sq. toes and valued in extra of $130 million. The portfolio consists of Class A and B multi-tenant workplace, flex and industrial properties positioned alongside the Colorado Entrance Vary, together with Denver, Centennial, Fort Collins, Golden, Loveland, Louisville, and Avon. Hospitality at Work, primarily based in Denver, is a hospitality-driven business property supervisor with an modern strategy to working buildings.

“After a rigorous RFP course of, Hospitality at Work was chosen as a result of the Land Board workers was impressed with their written and verbal shows, their dedication to tenant satisfaction, and their utilization of inventive expertise instruments,” stated Julie Majors, Business Mission Supervisor with the State Land Board. “The (Land Board) workers was additional impressed by the corporate’s responses to the COVID pandemic and the current challenges it has introduced.”

“Hospitality at Work is a well-established property supervisor with important experience in delivering high-quality and environment friendly constructing administration, important abilities essential to oversee our portfolio effectively. The corporate additionally affords inventive packages that interact workers and create communities on the properties they function. We imagine this mixture is the fitting strategy to sustaining and enhancing the worth of our property,” stated Julie Majors, Business Mission Supervisor with the State Land Board.

“Our Hospitality at Work groups transcend what is anticipated from typical property managers. We pay meticulous consideration to the small print of constructing administration, whereas additionally making use of state-of-the-art expertise and high-touch, people-focused companies. Our objective is to construct a piece surroundings the place tenants thrive and homeowners uncover lasting worth,” stated Marty Caverly, Managing Director of Hospitality at Work.

Hospitality at Work is a full-service business property administration firm. Property managers, constructing hosts, accountants and engineers all work collectively to ship superior customer support and a greater office expertise. Hospitality at Work customizes packages and companies for every property primarily based on tenant combine, property measurement, location and tenant suggestions. Common packages embody donation drives, grab-n-go meals choices, and health courses. In recent times, the corporate has additionally made important investments in new expertise with the intention to streamline accounting, lease administration and vendor administration.

The State Land Board owns and leases a mixture of property together with land, mineral property, and business actual property that contains a $four billion belief for the good thing about Colorado’s public colleges. The company started buying business actual property in 1996, growing the dimensions of its portfolio considerably over the previous ten years. The company has distributed roughly $2 billion to public colleges since 2009.

“Our workforce is honored to be entrusted to guard each the worth of those vital property, and the every day well-being of the businesses and staff that spend their days in these buildings,” famous T.J. Tarbell, Senior Vice President of Hospitality at Work. “I hope our tenants take pleasure in understanding their lease helps fund Colorado’s colleges.”

Hospitality at Work presently manages in extra of 5 million sq. toes of workplace properties in Colorado, California and Washington, DC.

Concerning the State Land Board

The Colorado State Land Board is a constitutionally-created state company that owns and stewards 2.eight million acres of land and 650,000 sq. toes of business actual property, and it leases these property to assist fund Colorado public colleges. The company has earned $2 billion for Colorado public colleges and is the first funding for the Colorado Division of Training’s Constructing Glorious In the present day Program (BEST), which has offered capital development grants to 524 colleges serving 225,000 college students. The State Land Board is the second largest landowner in Colorado and is completely self-funded; the company receives $zero tax dollars.

About Hospitality at Work

Hospitality at Work is a wholly-owned subsidiary of nationwide actual property investor, developer and operator, Lowe. Hospitality at Work is reinventing – and reinvigorating – property administration. By fusing hospitality with meticulous administration companies, Hospitality at Work delivers efficiency and repair past the anticipated. Specifically skilled property administration groups present insightful group administration to create a way of belonging at every constructing it manages. Hospitality at Work brings hands-on transition groups, expert constructing engineers, and devoted property managers collectively to create locations and customise packages that allow individuals to carry out at their finest day by day. For extra info, go to www.hospitality-work.com.

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