KORE Investments Acquires Office Asset In Englewood From Beacon Capital Partners For $28.5M

The office asset located at 169 Inverness Drive West in Englewood, CO, was sold for $28,500,000. The property encompasses 117,000 square feet, resulting in a price per square foot of $243.59. It is 96% leased, featuring notable tenants such as UnitedHealthcare, Leidos, CSG Systems, and Goosehead, along with amenities like a fitness center, outdoor seating, and conference facilities.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $28,500,000
• Address: 169 Inverness Drive West
• Market: Englewood, CO
• Seller: Beacon Capital Partners
• Buyer: KORE Investments
• Square Footage: 117,000
• Price per Square Foot: $243.59

KORE Investments acquired the property from Beacon Capital Partners, which had previously purchased it in 2019 for $27,000,000. This transaction reflects a continuing trend of investment in quality leased office spaces with established tenants.