The global private markets investment management firm has announced that it is building on nearly 13 acres on Eldorado Boulevard in Interlocken business park. The decision to locate the company’s US headquarters in Colorado is to support continued growth of its business in the region. As with any major location decision there are a number of key drivers and in this case the desire to find a location that echoed the company’s origins seems primary. Pamela Alsterlind, partner and co-head of private real estate for Partners Group was quoted as saying that the Flatirons felt “like home,” that the location “…spoke to us. We want to be in a place we can grow.”
According to their presentation to City Council on Tuesday, January 17th, the company intends to build three buildings on the 13-acre site, a 50,000 square foot office space, a 12,000 square foot conference and training building, and an 18,000 square foot amenities building. Prime West Development, LLC of Denver, is developing the project. Partners Group paid $7.1 million for the land in June with the new construction estimated to cost $40 million. With completion of the project anticipated in 2018, the company will initially employ 200 people but there will be capacity to add as many as 800 employees.
Partners Group Holding AG has nearly $60 billion in assets and more than 900 employees globally across 19 worldwide offices. The company opened its first U.S. office in New York in 2000 and has additional offices in New York, San Francisco and Houston.
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