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CCP Recently Represented IT Network Management Company with Building Sale

[fa icon="calendar'] Oct 25, 2021 12:42:17 PM / by Kinley Donaldson posted in Industrial Building, flex property, leaseback

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CCP recently represented Platte River Networks (PRN) with the sale of their 12,000 SF office/warehouse building in Denver.  Platte River Networks provides IT Management Services for companies in Colorado.  With the onset of the Covid-19 pandemic and many employees working remotely, the company owners decided to downsize their "brick-and-mortar footprint." Matt Brower and the CCP team helped them to find a buyer and negotiate the terms of the contract. Instead of moving out upon closing, a leaseback was negotiated. PRN remains in a portion of the building and the buyer occupies the remainder. 

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