Englewood, CO – NavPoint Real Estate Group is pleased to announce it has completed the sale of 14445 Grasslands Drive, an owner-user industrial property consisting of 105,651 square feet located in Englewood, Colorado.
Jeff Brandon of NavPoint Real Estate Group commented on the sale, “It was a pleasure to represent a company like Paragon 28 in the acquisition of 14445 Grasslands. Our firm has represented Paragon since they arrived in Denver in 2010 as a fledgling Medical Device company. Watching them go public in 2021 and seeing their explosive growth made this transaction all the more exciting. Acquiring this property with over 100,000 SF of Class A Flex/Office/Industrial space will allow Paragon to continue their incredible growth in the foot and ankle device sector well into the future.”
Jeff Brandon and Matt Call of NavPoint Real Estate Group represented the buyer, Paragon 28 Inc. The seller, AMBAR Grasslands LLC, was represented by Tyler Reed of Stream Realty Partners-Denver L.P.
In 2010, Paragon 28® was established as an orthopedic foot and ankle company. The name “Paragon 28” was chosen to show that they are exclusively a foot and ankle company, with the “28” representing the number of bones in the foot. Paragon will remain true to that vision. Paragon 28® was started as a small, family-based company and have kept those core ideals as they have grown.
This transaction successfully closed in January 2022.