Knightbridge & Argosy Acquire Office Buildings In Englewood For $14 Million From Mark IV Capital
9540 Maroon Circle & 9635 Maroon Circle
$14,000,000
$80/SF
Building Size
174,000 SF
Asset Type
Office
Closing
Jul 14, 2026
AI
The property involved in this transaction consists of the Three Maroon and Maroon Five office buildings located at 9540 Maroon Circle and 9635 Maroon Circle in Englewood, CO. The sale price was recorded at $14,000,000, with a total square footage of 174,000 and a price per square foot of $80.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $14,000,000
- Address: 9540 Maroon Circle & 9635 Maroon Circle
- Market: Englewood, CO
- Total Square Footage: 174,000
- Price Per Square Foot: $80
- Buyer: Knightbridge & Argosy
- Seller: Mark IV Capital
- Brokers: Aaron Johnson & Jon Hendrickson - Cushman & Wakefield
This transaction was facilitated by brokers Aaron Johnson and Jon Hendrickson, representing Cushman & Wakefield. The acquisition involved two office buildings situated in Colorado’s Meridian International Business Center, contributing to the buyer's portfolio expansion in the region.
Players
Englewood Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.13%
Cash-on-Cash
-0.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93