NavPoint was engaged by a regional developer/investor to sell this nearly 40,000 SF fragmented Medical Office condo asset in Colorado Springs. The challenge in this project was the “fractured condo
Coinciding with engagement on the project the NavPoint brokerage team began a whisper campaign on the asset before it went to market. By leveraging other for sale assets in the company’s portfolio in a national marketing campaign, the sales team was able to generate significant interest from a foreign buyer who put the asset under contract.
The Seller was able to achieve their desired exit pricing in a timeframe that exceeded their expectations, allowing them to more quickly deploy their capital into other projects.