Company Leases 63K SF Of Office Space At Tech Center
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National CineMedia, America’s Movie Network, has leased 63K SF of office space at the Cascades Building at 6300 South Syracuse, recommitting its headquarters to Denver.
In Denver’s Southeast Suburban submarket west of Interstate 25 at the southeast corner of East Caley Avenue and South Syracuse Way, the seven-story office building has access to I-25, the Arapahoe at Village Center light-rail station, Fiddler’s Green Amphitheater and numerous amenities.
“As the largest cinema advertising network in the U.S., NCM has also evolved to a progressive, integrated digital media company that reaches movie audiences wherever they may be,” NCM CEO Andy England said. “We knew we needed a new space that reflected that evolution. Moving to a modern headquarters with an innovative interior design that matches our company culture and vision will enable a more collaborative environment and allow us to attract and retain top Denver talent.”
NCM’s Noovie pre-show, seen on more than 20,600 screens in 1,700 movie theaters nationwide, informs audiences about what is new in entertainment, including content from the Walt Disney Studios, Sony Music Entertainment’s Rumble Yard, ABC Networks, Amazon, Google, Hulu, Nintendo and NBC.
“Our first project with NCM was over eight years ago when we helped restructure its existing lease and significantly reduce costs,” said Newmark Knight Frank Executive Managing Director Jim McGrath, who, with Tom Pappas, represented NCM. “As part of that negotiation, we were able to add a flexibility lever that permitted NCM to exit the lease early. This option allowed NCM to be nimble and responsive as the marketplace changed and seize an opportunity that presented itself.”