{"id":1004200131,"date":"2017-12-13T06:11:35","date_gmt":"2017-12-13T14:11:35","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004200131"},"modified":"2022-12-08T23:38:36","modified_gmt":"2022-12-09T07:38:36","slug":"matrix-group-sells-co-office-campus","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/matrix-group-sells-co-office-campus\/","title":{"rendered":"Matrix Group Sells CO Office Campus"},"content":{"rendered":"<p>By IvyLee Rosario\u00a0<\/p>\n<div id=\"attachment_1004200186\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/Waterpark-II-and-III.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004200186\" data-attachment-id=\"1004200186\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/matrix-group-sells-co-office-campus\/waterpark-ii-and-iii\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/Waterpark-II-and-III.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Waterpark II and III\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Waterpark II and III&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/Waterpark-II-and-III.jpg?w=800\" class=\"wp-image-1004200186 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/Waterpark-II-and-III.jpg\" alt=\"Waterpark II and III\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/Waterpark-II-and-III.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/Waterpark-II-and-III.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/Waterpark-II-and-III.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004200186\" class=\"wp-caption-text\">Waterpark II and III<\/p><\/div>\n<p>Kaiser Permanente has acquired Waterpark II and III, two Class A office assets in Aurora, Colo. The company already owns Waterpark I and completed the portfolio by purchasing the other two properties from Matrix Group for $25.3 million, Yardi Matrix data shows.\u00a0<\/p>\n<p>Located at 2350-2550 S. Parker Road, Waterpark II and III total 210,848 square feet and were built in 1982 and 1984. The Waterpark Campus is 97.2 percent occupied with 60 percent of that space leased to health care company Kaiser Permanente.\u00a0<\/p>\n<p><em>\u201cIt was a pleasure to work with Matrix Group on Waterpark II and III as an exclusive advisor. Several investors expressed interest in the properties, but Kaiser Permanente ultimately exercised its right of first offer to purchase,\u201d<\/em> said Brad Cohen, managing director for Transwestern, in prepared remarks.<\/p>\n<p>Cohen, along with Managing Director Larry Thiel advised Matrix Group on the transaction. Just recently, Transwestern\u00a0represented the law firm Chamberlain Hrdlicka in the\u00a0long-term extension and expansion of its office lease at <a href=\"https:\/\/www.commercialsearch.com\/news\/chamberlain-hrdlicka-extends-expands-san-antonio-office\/\">Weston Centre in San Antonio<\/a>.<\/p>\n<p><em>Image courtesy of Yardi Matrix<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kaiser Permanente purchased Waterpark II and III, giving the company full ownership of the Waterpark Campus in Aurora, Colo. Transwestern&#8217;s Denver Capital Markets team advised the seller in the transaction. <\/p>\n","protected":false},"author":746,"featured_media":1004200186,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,1587,21742,21747,15],"tags":[35954,33313],"class_list":["post-1004200131","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-denver","category-latest","category-office","category-west","tag-kaiser-permanente","tag-transwestern"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Matrix Group Sells CO Office Campus - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/matrix-group-sells-co-office-campus\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Matrix Group Sells CO Office Campus\" \/>\n<meta property=\"og:description\" content=\"Kaiser Permanente purchased Waterpark II and III, giving the company full ownership of the Waterpark Campus in Aurora, Colo. 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