QUIVER INVESTMENTS SELLS PROMINENT MEDICAL OFFICE BUILDING IN COLORADO SPRINGS
COLORADO SPRINGS (JULY 28, 2023). Quiver Investments announced today the successful sale of the prominent medical office building located at 8540 Scarborough Dr. in Colorado Springs, Colorado. This transaction was handled by Quiver Investments, a leading commercial real estate investment sale brokerage in the region. Quiver Investments represented the seller, Pensa Colorado, LLC, in its sale to Healthcare Realty (NYSE: HR).
8540 Scarborough is a 42,770 rentable square foot Class A medical office building originally constructed in 2007. At the time of sale the property was 100% occupied to 12 diversified tenants primarily within the medical field including UCHealth, Elevated Family Care and Gorman Medical among others.
The medical office building is located within the thriving Briargate submarket of Colorado Springs near the intersection of Research Parkway and North Powers Boulevard. This strategic location boasts proximity to two major hospital systems together with convenient access to a large patient population for the healthcare providers and medical professionals within the building.
The transaction further validates the strong market demand for top-tier medical facilities, showcasing the confidence investors have in the future of healthcare. The acquisition also represents the continuance of Healthcare Realty’s growth strategy, further expanding their local presence and solidifying their position in the market.
The Quiver Investments team was led by John Witt and Ben Swanson, Co-Founders of Quiver Investments. The buyer, Healthcare Realty, was unrepresented.
“Through a targeted marketing process, we were successful in securing offers from 10 qualified buyers in an otherwise challenging market,” said John Witt of Quiver Investments. “Ultimately Healthcare Realty was able to leverage their experience and knowledge of the Colorado Springs market to win the competitive bid process and successfully close on this asset”.
Quiver Investments played a pivotal role in facilitating this transaction, leveraging their extensive industry experience and market knowledge to ensure a seamless and efficient sales process. Their dedication to achieving maximum value for all parties involved is reflected in the successful closing of this deal.
“We are delighted to have facilitated the sale of this exceptional medical office building,” said Ben Swanson, Co-Founder of Quiver Investments. “This transaction underscores our commitment to delivering exceptional results to our clients nationwide.”
ABOUT QUIVER INVESTMENTS:
Quiver Investments is a Denver based commercial real estate brokerage firm, specializing in the purchase and sale of investment properties throughout the US. With a strong presence in the Colorado market and a team of dedicated professionals, the firm is committed to providing top-tier service and market expertise to its clients through its technology, investment background and industry relationships.
For more information or inquiries, please contact:
John Witt, Co-Founder
Phone: 303-748-8390
Email: john.witt@quiverinvestments.com
Website: www.quiverinvestments.com
Ben Swanson, Co-Founder
Phone: 970-218-5219
Email: ben.swanson@quiverinvestments.com
Website: www.quiverinvestments.com