Menashe Properties Acquires $35M CO Office Campus
By
Aurora Marketplace
Denver—Menashe Properties announced its acquisition of Aurora Marketplace, a 600,000-square-foot, eight-building corporate office campus in the Denver suburb of Aurora, Colo., for $35.5 million. The 25-acre property located on South Parker Road is 88 percent leased to a mix of tenants including Comcast, Raytheon, American Financing, Space Age Credit Union, High Noon Productions and NelNet.
“This asset was management intensive, with 67 tenants,” Jordan Menashe, principal of Menashe Properties, told Commercial Property Executive. “But we’re a very hands on company so this was a good match for us. We are a believer in Denver and this property. Broadreach was a clean operation, the bones are in phenomenal shape, so now we want to make the place more fun.”…
