CLIENT: Conscience Bay Company
LOCATION: Denver, Colorado
SERVICES: Property condition assessment
ASSET TYPES: Industrial | Warehouse
Marx|Okubo performed a property condition assessment of the multi-warehouse project on the north side of Denver with buildings ranging from 1922 to 1975. Marx|Okubo is involved in the potential renovation of the 1922 Power Plant building, which has been abandoned for over two decades.
The property includes many intricacies including a multitude of different types and ages of buildings that span five decades of construction; high-voltage electrical power owned and maintained on site; and complicated and antiquated electrical and mechanical systems.
Marx|Okubo was able to determine what capital improvements are necessary, as well as generally accurate pricing on certain capital improvements through the use of contractors.