Phoenix & Southwest + Southwest + Office | May 25, 2021

Englewood Office Builds on Value-Add Common Space

116 Inverness, an 83 percent-leased office property in Englewood, CO, was originally built in the early 1980s and has been renovated several times, most recently in 2019. Additional value-add creation exists through the renovation of shared amenity space and common areas including a top floor roof deck and ground-level amenity deck space.

This suburban class-A building totaling 216,999 square feet recently received $22.84 million in financing.

JLL worked on behalf of the borrower, Miller Global Properties, to secure a floating-rate acquisition bridge loan through a national debt fund. The capital markets team representing the borrower was led by senior managing director Eric Tupler.

116 Inverness is positioned on 7.08 acres within the Inverness Business Park in Denver’s Southeast office market. Situated east of Interstate 25 and just north of E-470, the office building has access to the entire Denver metro area. Additionally, 116 Inverness is surrounded by numerous retail, entertainment and hospitality amenities.

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Eric Tupler

About Lisa Brown

Lisa Brown has decades of experience in corporate communications and marketing management with organizations including Coldwell Banker Residential, Grubb & Ellis, Marcus & Millichap, NAIOP, SIOR and ALM. In those positions, she worked in conjunction with chief executive officers and chief marketing officers to create corporate messaging, cohesive branding standards, strategic marketing plans and thought pieces. Brown is a frequent speaker at industry events and an editing adjunct professor for an online course. She has a master’s degree in mass communications from San Jose State University.

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