Recent Closed Deal: Wright Executive Center

CRE PRO > Blog > In the news > Recent Closed Deal: Wright Executive Center

Wright Executive Center

Three major attributes when analyzing the strength of a commercial real estate property are the land value, building value, and the lease (strength of tenant and time of lease).

This fully leased (Single Tenant) Class A Office Building is 59,542 SF Built in 1987 and Renovated in 2000

Ball Aerospace and Technologies is a wholly owned subsidiary of Ball Corporation (NYSE: BLL), which is a provider of metal packaging for beverages, foods and house hold products, in addition to aerospace and other technologies and services to governments and commercial customers.

Ball Corporation was founded in 1880 and currently employs 18,450 people worldwide. In the fiscal year ending 12/31/2016, Ball Corporation net sales were approximately $9.1 billion, an increase of more than 13% over 2015 revenue. The corporate headquarters are in Broomfield, Colorado and there are more than 100 locations worldwide.

The office at the Wright Executive Center supports several Department of Defense organizations including National Air and Space Intelligence Center (NASIC) the Air Force Research Laboratory (AFRL) and several aeronautical system center program offices.

Ball Aerospace & Technologies
Square Feet Occupied: 59,542 SF
% of RSF: 100%
Website: www.ball.com
Stock Ticker: NYSE: BLL

 

Leave a Reply

Your email address will not be published. Required fields are marked *