Sale Transaction

Inverness Park Asset Trades for $6.5 Million

By May 6, 2014 No Comments

Englewood, CO – NavPoint Real Estate Group is pleased to announce the purchase of The Greens at Inverness, a two building Class B multi-tenant office property located at 56-58 Inverness Drive East in Englewood.  This 94% leased, 63,836 SF asset was acquired for $6,500,000.  The Greens at Inverness is located in the prestigious Inverness Park,  on the east side of Interstate 25 between Dry Creek and County Line Road.  This asset fronts the 15th hole of the semi-private Championship Inverness Golf Course. Inverness Park is a 980 acre world class, high amenity, mixed use office park in the heart of the Denver Tech Center. Local amenities include the Inverness Hotel and Conference Center, Colorado Athletic Club, Park Meadows Mall, and many fine dining restaurants such as Maggiano’s and the Asian Bistro. The superb location and exceptional local amenities attract a high quality mix of professionals and tenants including Arrow Electronics, Comcast, Allegiance Healthcare, Hewlett Packard, Motorola, Sprint, Nextel, Century Link, and many others. This exceptional asset successfully closed on May 6th.  The seller was Greens at Inverness, LLC, and the Purchaser was KULA, Ltd.  Matt Call and John Witt of NavPoint Real Estate Group represented the buyer in the transaction.

NavPoint Real Estate Group is a comprehensive Commercial Real Estate Services and Investment Firm with office locations in Denver, Castle Rock and Colorado Springs, Colorado. The company provides a wide array of services including Exclusive Brokerage Representation, Property/Asset Management, Consulting, and Investment throughout Colorado and the Western US covering all Commercial Property types. NavPoint brings an acute local market understanding combined with national reach and access to credit tenants and buyers to every client assignment. The firm is currently involved in the exclusive brokerage, ownership, or management or over 1,000,000 SF of commercial real estate covering all property types.  Local Colorado Springs NavPoint Brokers are Matt Call, Heather Taylor, and John Witt.