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The State Land Board owns a portfolio of commercial office buildings that are managed and leased by third-party professionals. The agency also issues ground leases to accommodate commercial development on state trust land by developers.
For questions or assistance, please contact Julie Majors - Real Estate Portfolio Agent at 303-866-3454 ext. 3336 (
Projects and Information
What is the focus of the Commercial Real Estate team?
The Real Estate group continually looks for opportunities to acquire properties or to enhance the value of the Board's land portfolio and the revenue stream to the various trust beneficiaries. These include the acquisition of commercial buildings and commercial ground leases with public/private partnerships.
How are commercial ground leases handled?
The State Land Board can initiate commercial ground leases with entities that seek to do business while the state retains ownership of the land. Staff determines and initiates the opportunity for ground leasing a commercial property within the Board’s urban lands portfolio. For more information on ground leasing commercial property from the State Land Board, please call Christopher Smith at (303) 866-3454, ext 3327.
What kind of commercial property does the State Land Board own?
The State Land Board owns over 600,000 square feet of commercial buildings that generate revenue for the trust. For the commercial portfolio, the Board hires third-party property management and leasing professionals to maximize returns and minimize risk. Commercial properties include:
How can I lease a commercial space from the State Land Board?
Cushman Wakefield is the Board’s current property management resource on all portfolio properties and can be reached by calling (303) 864-1795. Interested parties wanting to lease space within any of the Board’s commercial buildings can call Julie Majors at (303) 866-3454, ext 3336.
Is there a Board Policy to reference?
Yes, there is a
policy adopted by the Board for this type of leasing. Please note, other
may be applicable as well.
What are the requirements for bonding with the State Land Board?
The requirement for a bond will be specified in the lease, permit or contract. The amount of the bond will also be specified in the lease, permit or contract. See the State Land Board’s
for more information.
What are the fees are associated with Commercial Real Estate leases?
See the State Land Board’s
Fees & Payment Considerations schedule
Forms and Instructions