Albany Road Real Estate Partners Acquires Colorado Springs Office For $31.7M
Colorado
See Similar DealsAlbany Road Real Estate Partners Acquires Colorado Springs Office For $31.7M
10807 New Allegiance Drive, Colorado Springs, Colorado 80921, United States
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The office property located at 10807 New Allegiance Drive in Colorado Springs, CO has been sold. The sale was facilitated by Aaron Johnson and Jon Hendrickson from Cushman & Wakefield. The buyer, Albany Road Real Estate Partners, acquired the property from Crescent Real Estate for a total price of $31,700,000. The office building spans a total area of 146,099 square feet, resulting in a price per square foot of $217.
Summary of transation details
- Property Type: Office
- Transaction Amount: $31,700,000
- Address: 10807 New Allegiance Drive
- Market: Colorado Springs, CO
- Buyer: Albany Road Real Estate Partners
- Seller: Crescent Real Estate
- Brokers: Aaron Johnson & Jon Hendrickson - Cushman & Wakefield
- Sale Price per Square Foot: $217
This transaction involved the collaboration between Albany Road Real Estate Partners as the buyer and Crescent Real Estate as the seller. Aaron Johnson and Jon Hendrickson, representing Cushman & Wakefield, played a key role in facilitating the deal. The sale of this office asset marks a significant milestone in the Colorado Springs market.
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