DENVER—MIG Real Estate, a Newport Beach, CA-based real estate investment company, has completed the acquisition of Iliff Business Park, a 130,748 square-foot, four-building flex business park in Denver's Southeast submarket.

“Iliff Business Park represents an opportunity to invest in a mature southeast location with improving rents and vacancy rates,” said Greg Merage, CEO of MIG Real Estate. “Denver is becoming one of the preferred lifestyle choices for today's professionals. Individuals and companies are singling out Denver for its desirable blend of urban activity and suburban work-life balance, with excellent access to outdoor activities.”

Iliff Business Park is located at 2369, 2422 and 2452 South Trenton Way and 7800 East Iliff Avenue in Denver's Arapahoe County, adjacent to the city's booming technological center. Situated along the corridor between I-25 and I-225, the project provides convenient access to freeways and restaurant amenities. With direct access to the Denver City Center and desirable nearby residential areas including Cherry Hills and Greenwood Village, the project's location is ideally positioned for tenants and their employees.

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.