Newmark Awarded Leasing Assignment for Greenwood Village Innovation Hub

CHTC 1 & CHTC 2 Credit: Newmark

Newmark has been awarded the exclusive leasing assignment on behalf of Colorado Health & Tech Centers (CHTC) for 5800 South Quebec Street – a 175,000-square-foot, Class A office campus in Greenwood Village. The innovation hub offers build-to-suit workspaces for biotechnology, technology, medical office and laboratory operations.  

Newmark Director Jon Tilton and Associate Director Brian Wingate, in collaboration with Vice Chairman Jamie Gard and Director John Gustafson, have been awarded the leasing assignment on behalf of the landlord, CHTC, a leading hub specializing in workplace solutions for health and technology companies. 

Obtained by CHTC in June 2023, the Greenwood Village campus is the inaugural phase of CHTC’s ambitious 10-building acquisition endeavor, signaling the company’s broader initiative to develop collaborative work environments that attract the industry’s top talent while uniting Colorado’s diverse life science and biotechnology sectors. Situated in Denver’s Southeast submarket, the four-story property is highly accessible to the area’s robust workforce via unparalleled light rail connectivity and proximity to I-25. 

“We are honored to spearhead this assignment, marking the inception of a transformative project that further solidifies Colorado as a premier life science hub,” said Tilton. “The campus, poised to attract the industry’s best and brightest, serves as a strategic launchpad as CHTC expands its operations both locally and nationally. We look forward to continuing our collaboration with CHTC and driving creative leasing solutions within Colorado’s dynamic and promising life sciences community.”  

“We are incredibly excited about our relationship with Newmark,” said Afshin Safavi, Ph.D., founder and chief executive officer of CHTC. “Since June, we have completed the acquisition of five out of the 10 properties that we are planning to either build from the ground up or convert into innovation hubs. Working towards our goal of making CHTC a premier hub for companies specializing in health, technology, biotechnology, medical-device laboratory and office space incubators spanning throughout Colorado, 5800 South Quebec Street will bring together talent and expertise across life science and biotechnology sectors. We needed the best entity in global commercial real estate to accomplish this goal, and Newmark is exactly that.”This strategic venture between Newmark and CHTC coincides with the launch of Colorado Hub for Health Impact, a groundbreaking national economic development campaign that further positions Colorado as a frontrunner in life sciences innovation

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