Bow River Capital, a Denver-based private alternative asset manager, has signed a lease for 30,000 square feet at Magnetic Capital’s new 2nd & Adams office building in Cherry Creek North, which will serve as the company’s new headquarters. Construction of the 100,000-square-foot mixed-use office development will begin in April 2024 with delivery scheduled for the third quarter of 2025.
“We’re thrilled to be moving Bow River’s headquarters to 2nd & Adams and to be the first of many companies that will enjoy the building’s forward-thinking design,” said Bow River Capital Chief Operating Officer Jane Ingalls. “We were drawn to the focus on hospitality and elevated common areas that 2nd & Adams will provide to our team and guests.”
OZ Architecture is the architect for the project and Mortenson Construction is the general contractor. Blake Holcomb at CBRE is handling office leasing.
The project will include approximately 80,000 square feet of office space and 20,000 square feet of retail. The development team is focused on what it calls a “hospitality-infused office operating model” with a heavy emphasis on food and beverage and the broader activation of common areas. The project will have multiple food and beverage and retail concepts across the ground floor and the rooftop will feature a 5,600-square-foot bar and restaurant, anchored by best-in-class national operators.
“We are excited and honored to have Bow River Capital as an anchor office tenant at 2nd & Adams,” said Magnetic Capital Managing Partner Chris Carroll. “They are a highly regarded investment firm with a talented team, and we look forward to welcoming them to the building.”