Knightbridge Capital, Argosy Real Estate Partners Buy Two-Building Office Portfolio in Englewood, Colorado

by Amy Works

ENGLEWOOD, COLO. — Knightbridge Capital and Argosy Real Estate Partners have acquired Three Maroon and Maroon Five, a two-building office portfolio situated within Meridian International Business Center in Englewood. Mark IV Capital sold the asset for an undisclosed price.

The 174,850-square-foot portfolio was 88 percent occupied at closing, with a blended in-place weighted average lease term of approximately 4.4 years. Aaron Johnson of Cushman & Wakefield represented the seller in the deal. Aimee Love, Zac Clark and Joe Petty of First Interstate Bank secured acquisition financing and Cole Taylor handled property management for the asset.

You may also like