Sale Transaction

NavPoint Real Estate Group Sells 30,021 SF Multi-Tenant Medical Office Investment Asset in Colorado Springs for $4,845,000

By July 15, 2020 No Comments

Colorado Springs, CO – NavPoint Real Estate Group is pleased to announce it has completed the sale of a 30,021 SF Multi-Tenant Medical Office investment located at 155 Printers Parkway, in Colorado Springs, Colorado.

Constructed in 1999, the property was recently updated to include upgraded lobby finishes with flexible floorplates that can accommodate a variety of tenants. The property also features ample parking and a diverse tenant mix, as well as new seal and paint on the exterior façade, mature landscaping, and resurfaced parking lot.

Strategically located within the Printers Park Medical Campus in Central Colorado Springs, the building is a mere 13 blocks from the central business district of Downtown Colorado Springs. The property is strategically located less than one mile from Memorial Hospital, and next to UC Health’s Printers Park Medical Plaza.

Brent Ham and Matt Call of NavPoint Real Estate Group handled the transaction for the seller, Printers Parkway Partners LLC. The buyer, 9156 Brighton Road LLC, was represented by Brandon Basham of Basham & Associates. This transaction successfully closed in July 2020.