Property Location: 14 Inverness Drive East, Englewood
Property Description: 105,938-sf flex/industrial, YOC 1974 & 111,125-sf flex/industrial, YOC 1978, concrete construction (total 217,063 sf)
Land Size: 14.32 acres
Sales Price: $20.2M, or $93.06 per sf
Reception No.: D8025643
Closing Date: 3/7
Grantor: 14 Inverness Property LLC c/o Global Pacific Inc., Michael S. Law
Grantee: BKM Inverness 226 LLC c/o BKM Capital Partners, Brian K. Malliet, mgr., & Brett Turner, director of acquisitions, 949-566-8800
Financing: $15.38M payable to Bank of America, due 4-1-23
Comments: 2075-35-3-01-012 contains 7.26 acres with 105,938 sf, and 2075-35-3-01-024 contains 7.06 acres & 111,125 sf.
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.