Palisades Private Capital Fund I (PPCFI), a $50-million fund sponsored by Palisades Mexico Partners (PMP), has announced the signing of a new, five-year lease with J-W Power Company for approximately 3,600 SF of office space in the Fund’s recently acquired Plaza Quebec, a Class A office building located at 6025 South Quebec Street in Greenwood Village, Colorado, in the southeast Denver metro area.

Founded more than 40 years ago, J-W Power Company is an industry leader in the leasing, sales and servicing of natural gas compression equipment. The company operates the largest privately owned compression fleet in the U.S. In addition to a warehouse in Longview, Texas, J-W Power Company has 30 locations nationwide.

“We are pleased to welcome the J-W Power Company to Plaza Quebec, as the first new tenant to join since our ownership began earlier this year,” said Joaquin de Monet, founder and managing principal of Palisades Capital Realty Advisors, a partner in ownership. “With the goal of 100 percent occupancy by year end, we are generating early momentum and taking an aggressive approach to the market and making commitments to continue to improve the property over the next several months.”

“We anticipate that Plaza Quebec will do a great job of meeting all of its tenants’ needs, and that J-W Power Company personnel will enjoy the newly renovated lobby and common areas and many amenities,” de Monet added.