Cresa Finds Golden Headquarters for Andorra-based Mountain Bike Company
This article originally appeared on Mile High CRE, see it here.
DENVER — Cresa, a tenant-focused commercial real estate firm, has successfully assisted Commencal, a high-end mountain bike manufacturer founded in Andorra and installed in California for the last three years, in signing a lease for the company’s new U.S. Headquarters. The facility is 8,550 square feet of flex space, including a 3,500-square-foot showroom, located at 150 Capital Drive, Suites 160-180 in Golden, Colorado.
Commencal’s showroom in Vancouver, Canada.
“The active lifestyle Colorado is known for, paired with convenient trail access makes Golden the perfect location to grow Commencal’s U.S. presence,” said Stéphane Pons, manager of Commencal USA. “The team at Cresa was essential in helping us weigh all options and in aligning current real estate needs with our future business objectives for our U.S. Headquarters.”
The location selected is a new development on the Northeast corner of I-70 and C470. The showroom faces the mountain range and provides the desired brand visibility from C470. The headquarters is set to open this summer.
“Golden is a tight market with a great mix of industry-leading tenants,” said Matt Burton, senior advisor at Cresa. “It was tough early on to find the ideal space for them given their desire to be located close to trail systems and need for strong visibility. After engaging the landlord and negotiating over the fall and winter months, we were able to substantially increase the landlord’s contribution to the tenant finishes so Commencal could construct a showroom that best represents their upscale products.”
Images courtesy of Cresa.