• MCA Banner Ad 6 728 x 90
  • MCA Banner Ad 5 728 x 90
  • MCA Banner Ad 4 728 x 90
  • MCA Banner Ad 2 728 x 90
  • MCA Banner Ad 2 728 x 90
  • MCA Banner Ad 1 728 x 90
  • CREJ.com Digital Ad Rates 728 x 90

CCIG Insurance acquires Inverness Business Park building for $8.5 million

Arapahoe County

Property Location: 155 Inverness Drive West, Englewood

Property Description: 44,694-sf, three-story office building, YOC 1995, glass curtains with aggregate siding panels & 178 parking places.

Land Size: 3.854 acres, located near the Dry Creek & Interstate 25 interchange

Parking ratio: 3.98:1,000

Sales Price: $8.5M, or $190.18 per sf

Reception No.: D8015491

Closing Date: 2/15/2018

Grantor: Arapahoe Mental Health Center, William Henricks, pres.

Grantee: Quadripoint LLLP, Spencer James Mahoney or Andrew Brookman Mahoney, gen. partners of CCIG Insurance, 303-799-0110

Financing: $9.2M payable to First Western Trust Bank

Comments: CCIG Insurancewith 80 employees, will renovate and occupy this building. The building has a loading dock with a 10-x-18’ dock door with trailer turnaround. There is also raised flooring and there are two elevators in the building. Former headquarters for Arapahoe Mental Health Care, now AllHealth. There is a kitchen on each floor. See APN 2075-34-1-07-005.

Comp of the Day is provided by John V. Winslow, president of Winslow Property Consultants. Winslow has more than 40 years’ experience in commercial real estate. He can be reached at 720-612-7878 or Colprop2012@gmail.com.