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Going Verdi

WASHINGTON DC 03.16.2017

CAPITAL MARKETS AND REAL ESTATE FINANCE

Investing in 2017, Hot Markets, and the Ever-Changing Capital Stack

Mark Hertz -- AIG Global Real Estate
Sujan Patel -- Colony NorthStar
Joe Carter -- Wells Fargo
Going Verdi

John Madden Co's David Windfeldt says his company has two more office buildings planned for Greenwood Village, including Palazzo Verdi II â which can span up to 400k SF â and Park Place for 300k SF. "We're focused really more on the Palazzo Verdi II project," he says, adding that the firm is trying to get leasing "critical mass" to kick off its development. "I think we're close," he says.

Going Verdi

David says the project has been getting a lot of interest among energy sector companies who have traditionally made the CBD their home, but are starting to move out. "We've also been talking to some of the larger accounting consultancy [firms]," he says. Recently John Madden inked a 100k SF deal with Fidelity Investments at Fiddler's Green Center II, and it just renewed and expanded Charter Communications to more than 100k SF at Fiddler's Green Center I.