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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.