174,622 SF Office Building Sells in Aurora for $14,250,000

December 31, 2018

The Lippitt/Shwayder Team from Unique Properties Represented the Seller

Aurora, CO (December 28th, 2018) – Unique Properties and the Lippitt/Shwayder Team is pleased to announce the sale of The Forum, 14001 E Iliff Avenue Aurora, CO 80014 . The 174,622 SF office building was one of the few remaining “value-add” opportunities left in the Denver Metropolitan area. With only 76% occupancy at the time of the sale, this vacancy allows investors the opportunity to create value through immediate lease-up, while simultaneously collecting current cash-flow.

The Lippitt/Shwayder Team of Unique Properties Represented the Seller
Brian Wagner of Newmark Grubb Knight Frank Represented the Buyer

The Forum Highlights:

  • Sold for $14,250,000 or $83.04 PSF
  • Cap Rate: 8.68%
  • Value-Add Opportunity

For more information, please contact:
Marc Lippitt (303) 321-5888 | mlippitt@uniqueprop.com
Scott Shwayder (303) 321-5888 | sshwayder@uniqueprop.com
Justin Herman (720) 881-6343  | jherman@uniqueprop.com
Brett MacDougall (303) 512-2736 | bmacdougall@uniqueprop.com

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