Refinancing arranged for Cherry Creek North mixed-use property
Authors
Kristen Murphy
DENVER, Aug. 3, 2026 – JLL Capital Markets announced today that it has arranged a refinancing for 200 & 250 Columbine, a 121,990-square-foot, Class AA mixed-use property located in Denver's coveted Cherry Creek North submarket.
JLL worked on behalf of the borrower to secure the financing through a regional bank.
200 & 250 Columbine St. features 91,208 square feet of office space (75% of the building) and 30,782 square feet of retail space (25% of the property). Built in 2015, the eight-story building is 100% leased to a diverse tenant mix of 23 tenants.
The property is strategically positioned in the heart of Cherry Creek North, Denver's premier shopping and lifestyle district. The submarket benefits from the strongest demographics in the Denver Metro, with access to over 1,900 luxury residential units, 200+ shopping and dining destinations, and a highly educated workforce. Cherry Creek North's Class A office submarket boasts a vacancy rate of just 1.3% with average asking rents of $56 per square foot, while the Class A retail submarket maintains a 0.2% vacancy rate with $84 per square foot average asking rents.
The JLL Capital Markets team representing the borrower included Senior Managing Directors Leon McBroom and Jim Curtin and Vice President Emily Goldsberry.
"200 & 250 Columbine represents a best-in-class asset in one of Denver's premier mixed-use districts," said McBroom. "The property's exceptional location in Cherry Creek North, combined with its strong occupancy and diverse tenant roster, produced a ton of lender interest and some of the tightest office spreads we have seen in a long time."
JLL’s Capital Markets group is a full-service global provider of capital solutions for real estate investors and occupiers. The group’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. The group has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.
For more news, videos and research resources, please visit JLL’s newsroom.
About JLL
JLL (NYSE:JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 112,000 as of June 30, 2026. For over 200 years, clients have trusted JLL, a Fortune 500® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities. For further information, visit jll.com.