Lakewood, CO – Essex Financial Group secured $17.0M of bridge financing for the acquisition of 143 Union, a 191,564 SF, 10-story office property centrally located in the Union Boulevard Corridor in Lakewood, CO. Essex worked on behalf of the buyer, Legacy Real Estate Investments, to source the five-year, fixed rate loan that was provided by an insurance company Essex has a long-standing relationship with. 143 Union, a class A landmark 10-story building occupied was just over 70% occupied to a wide range of tenants that benefit from convenient light rail and vehicular access, walkable retail and restaurants, and upgraded common areas. The property is located in the su...

Denver, CO – Essex Financial Group (“Essex”) arranged $32.0M in acquisition financing for the purchase of 2nd & Josephine, a four-building, 105,253 SF mixed-use property in the heart of Cherry Creek North. Essex worked on behalf of the buyer, Altus Properties, to source the seven-year, fixed rate loan with a prominent life insurance company. 2nd & Josephine is situated on a ½ city block in Denver’s strongest office market, surrounded by top restaurants, hotels, retailers, abundant new construction and more. The Property is currently 100% leased and anchored by Bank of America and boasts an average historical occupancy of 93% since the last building was built...

Longmont, CO – Essex Financial Group (“Essex”) arranged $13.8M in acquisition financing for the purchase of Front Range Business Park, a two-building, 117,106 SF industrial/flex complex located in Boulder County. Essex worked on behalf of the buyer, Ivy Realty, to source the seven-year, fixed rate loan for the acquisition with a regional bank. Front Range Business Park is 100% leased to the State of Colorado’s Front Range Community College (“FRCC”), the largest community college in Colorado, on a long-term lease. Built in 1988, the property was originally designed for small bay industrial/flex use and includes 9 dock-high loading doors between the two buildings. It...

Essex Financial Group (“Essex”) arranged two (2) acquisition loans on behalf of CentrePoint Properties and Dunton Commercial (“Sponsor”).  The loans facilitated the purchase of the Interquest Portfolio (241,232 square feet of Class A office/flex in Colorado Springs) and 6th Avenue West (124,010 square feet in Golden, Colorado).The Interquest Portfolio is one of the best-in-class, single-story office properties in Colorado Springs and is located along I-25 in the premier Interquest Business Park. The single-story office/flex portfolio is 82% leased to a mix of technology and healthcare tenants, and more than 75% of the in-place tenants have publicly traded invest...