Glenborough Puts Lima Ridge Phase I on Market

San Mateo, CA, February 4, 2008: Glenborough, LLC, a San Mateo, CA real estate investment and development company specializing in office properties is pleased to announce that, with Phase I construction complete, its Lima Ridge Professional Center in Centennial, CO is now available for sale. Located at 6924 South Lima Street, Lima Ridge Phase I offers 106,000 square feet of subdividable Class A office and retail space.

This modern development tenders eight individual Class A office buildings featuring single-story tilt-up construction, monument signage, separate exterior private entrances, available truck doors, central courtyards and 4:1000 parking ratios. Buildings can be easily subdivided into office condominiums as small as 2,500 square feet—with an additional 50,000 square-foot Phase II construction already underway. Moreover, Lima Ridge sits at a prime location between Easter Avenue and Arapahoe Road adjacent to Centennial Airport, with striking views of the Western Rockies and easy accessibility to nearby hotels, restaurants and golf courses.

Lima Ridge is handled exclusively by CB Richard Ellis from their Denver Technological Center Office, represented by Senior Vice Presidents John Marold and Sergio Castaneda.