DENVER – Nov. 2, 2021 – CBRE announced the sale of the Dry Creek Medical Office Building in Englewood, Colo. Chris Bodnar, Lee Asher, Ryan Lindsley and Jordan Selbiger with CBRE Healthcare and Life Sciences Capital Markets partnered with Dann Burke, Stephani Gaskins and Anna Heiserman in CBRE’s Denver office to represent the seller.
Built in 2000, the Dry Creek Medical Office Building totals approximately 57,250 sq. ft. It is 87% leased to a mix of established tenants including two surgery center anchor tenants. Other specialties represented at the property include imaging, OB/GYN, dentistry, ophthalmology, neurology, pain management and plastic surgery.
“The Dry Creek Medical Office Building is very well positioned for the future given the symbiotic tenant mix,” said Mr. Bodnar, vice chairman, CBRE. “There is overwhelming investor appetite for medical buildings in the Denver market. Buyer demand far outpaces available inventory.”
The property is located at 125 Inverness Dr. E. in Englewood, Colo., situated on the Dry Creek Medical Campus within a suburban residential and retail hub. In addition to the Dry Creek Medical Office Building, the campus includes a 20,000-sq.-ft. building that is currently being repositioned as an orthopedic surgery center and a brand new 53,000-sq.-ft. medical office building, anchored by Orthopedic Centers of Colorado.
The campus is two blocks east of I-25 and the Dry Creek light rail station, within 20 minutes of several area hospitals including Sky Ridge Medical Center, Littleton Adventist Hospital, Centennial Medical Plaza, Swedish Medical Center, Porter Adventist Hospital and Medical Center of Aurora.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE: CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2020 revenue). The company has more than 100,000 employees serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
Sara Johnston (she/her)
Senior Corporate Communications Manager
CBRE | Corporate Communications
1225 17th Street, Suite 3200 | Denver CO 80202
T +1 303 264 1912 | C +1 660 349 9498
Sara.Johnston@cbre.com | LinkedIn
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