CENTENNIAL, CO—MIG Real Estate, a Newport Beach, California-based real estate investment company, has acquired Dry Creek Business Park, a 244,028-square-foot, 15-building flex business park in Centennial.
"The Denver Metro area is one of the strongest markets in the nation due to its diverse economy," said Greg Merage, CEO of MIG Real Estate. "As new development continues to expand south along I-25 we see immediate opportunity with rising lease rates and occupancy levels as well as long term value with this acquisition."
Dry Creek Business Park is located in Denver's premiere southeast submarket at 7300-7348 South Alton Way between Arapahoe Road and Dry Creek Road in the thriving Denver Tech Center. Located just 20 minutes south of Denver's city center and 15 minutes north of Centennial Airport, the property has immediate access to Interstate 25, Centennial's major access point which serves more than 200,000 cars each day. With direct access to nearby public transit, restaurants, shopping and residential areas including Greenwood Village and Cherry Hills, Dry Creek Business Park is ideally positioned for tenants and employees.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
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.
