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Marcel Arsenault

Marcel Arsenault

May 26, 2026

2:10
Explain that, please.
2:12
Well, we've been around a long time.
2:14
We started in 1984.
2:16
That was 41 years ago, and we're going on our 41st year.
2:22
Our first rodeo was a savings and loan crisis.
2:26
Unfortunately, I wasn't bright enough.
2:28
Although I was a PhD candidate in molecular biology, I didn't understand real estate.

20 MINS LATER

22:31
Is there any such such thing or maybe you're of the mind, Marcel, that that's not necessary? If you got the space, you run it well, people will be there.
15:55
Do you think that that is the determining factor for the buildings that are best positioned to compete for demand, or is there anything else?
16:04
Well, I think there's a variety of factors.
16:07
The demand improves the fundamentals.
16:10
In other words, uh, if there's demand, you can ...
16:13
It's easier to win the leasing wars and to fill your building up.
16:16
Most of the buildings that we're buying are, uh, above-market occupancy.
16:21
In other words, about 70% occupied, maybe sometimes 55 or 60% occupied.

9 MINS LATER

25:11
And to conclude our episode, what are your predictions for the office sector, both in Denver and nationally?

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