DENVER--(BUSINESS WIRE)--Irvine, California-based Premier Business Centers, the largest privately owned executive suite operation in the U.S., has acquired the assets of an existing executive suite operator out of Chapter 7 bankruptcy in Denver. This is Premier Business Centers’ first executive suite in Colorado. Premier negotiated a purchase agreement with the bankruptcy court Trustee and a new master lease with the building owner over the course of 8 days. The executive office suite is in the Belcaro Place building at 3801 East Florida Avenue, Suite 400, Denver, CO 80210. The 13,516 RSF shared office space has 76 office spaces, 2 conference rooms, a day office, a kitchen, and a reception area.
Belcaro Place, located on the quiet west side of Colorado Boulevard just south of Cherry Creek, is a convenient location providing quick and easy access to I-25 via South Colorado Blvd. or University Blvd. and is midway between the DTC and Downtown Denver. Offices range from 80 to 240 square feet with some of the window offices having “Front Range of the Rocky Mountains” views.
“We are very excited to have entered the Denver market and open our first executive suite in Colorado. We are looking at other opportunities in the area and hope to open several more centers in Colorado over the next few years,” stated Jeff Reinstein, Chief Executive Officer for Premier Business Centers.
Premier Business Centers brings a wealth of knowledge and years of experience to this new location. An experienced general manager was brought in to help setup quickly in the market. Premier will be spending over $150,000 to renovate and upgrade all of the furniture, fixtures and equipment to improve this executive office space.
Belcaro Place (formerly known as Cypress Point) has recently undergone major capital renovations and improvements to return the 3801 E. Florida building to one of the preeminent office properties in the market for start-ups, entrepreneurs and Fortune 500 companies, including attorneys, accountants, executives and mobile working individuals.
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About Premier Business Centers:
Premier Business Centers® (http://www.pbcenters.com/) operates the largest privately owned executive suite company in the United States with locations in California, Washington, Texas, Colorado, Florida and Ohio. Since 2002, the company has grown from nine to 71 centers, providing over 1.3 million square feet of commercial office space and serving more than 6,000 clients daily. Premier offers fully serviced offices, meeting rooms and virtual offices enabling businesses of any size to maximize productivity and profits and establish an immediate professional presence at major business locations throughout the country. With Premier, professionals can work whenever, wherever, however.