Newmark Group Inc.

07/13/2020 | Press release | Archived content

Black Rock Coffee Bar Opens Second Location in Colorado; Occupying One of Only Two Drive-Throughs in Denver Tech Center

10:00 AM

Black Rock Coffee Bar announces its newest walk-in/drive-through location in the Denver Tech Center. The coffee shop occupies the entire 2,700-square-foot, stand-alone building at 7850 East Union Avenue, which was delivered at the end of May 2020.

This location represents Black Rock Coffee Bar's second in Colorado; its first is in Castle Rock. Founded in 2008 in Portland, Oregon, the company also has locations in Oregon, Washington, Idaho, California, Arizona and Nevada. Black Rock Coffee Bar's mission is to intentionally engage with local communities to raise the bar for service, relationships and compassion.

'The property is exceptionally located real estate and we are excited that Black Rock was able to occupy one of two drive-through assets in the Denver Tech Center. The drive-through component has become a very important aspect of food service in the current environment,' said Andy Wolf, Senior Vice President at Sidford Capital, the owner of 7850 East Union Avenue. 'Proximate to hundreds of thousands of square feet of office space in the Tech Center and ample surrounding residential, the tenant has an exciting opportunity here.'

'After touring Denver several months ago, our interest was sparked by the Tech Center trade area and the opportunity to occupy one of the rare drive-through opportunities in the area,' said Bobby Kaufmann, Vice President of Development at Black Rock Coffee Bar. 'We are excited to provide drive-through coffee services, and walk-in soon, to the community, residents and employees in the Tech Center area.'

7850 East Union Avenue is currently up for sale; Newmark Knight Frank Executive Managing Directors Riki Hashimoto and Dan Grooters are the listing agents on the property.

About Newmark Knight Frank
Newmark Knight Frank ('NKF'), operated by Newmark Group, Inc. ('Newmark Group') (NASDAQ: NMRK), is one of the world's leading and most trusted commercial real estate advisory firms, offering a complete suite of services and products for both owners and occupiers. Together with London-based partner Knight Frank and independently-owned offices, NKF's 18,000 professionals operate from approximately 480 offices on six continents. NKF's investor/owner services and products include investment sales, agency leasing, property management, valuation and advisory, diligence, underwriting, government-sponsored enterprise lending, loan servicing, debt and structured finance and loan sales. Occupier services and products include tenant representation, real estate management technology systems, workplace and occupancy strategy, global corporate services consulting, project management, lease administration and facilities management. For further information, visit www.ngkf.com.

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