Centrally located in the Golden Triangle office market in Denver, Colorado, 700 Broadway is a thirteen-story, Class A office building of 425,853 square feet.
With the management team’s past experience in the Denver market, BAIA sought to acquire 700 Broadway due to the strength of its anchor tenant—Rocky Mountain Hospital and Medical Services, Inc. More widely-known as Anthem Blue Cross Blue Shield, Anthem has been committed to the property since they commissioned the development in 1973.
As one of the top-performing medical benefit companies in the world, with approximately $80 billion in annual revenue, Anthem has had the unique opportunity to reconfigure 700 Broadway to fit their needs over the last four decades. Known throughout the Denver metropolitan area as the Anthem Building, Anthem has solidified a strong reputation for the property within the Golden Triangle office market, one of the most active markets in Denver.
The property offers superior accessibility to major thoroughfares, various amenities, and surrounding suburban areas. With underground parking and an above-market parking ratio, the property is ideally suited to all commuters. The future development rights to add a potential 140K in space have situated 700 Broadway for continued growth in a highly dynamic market.