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NexGen Properties Acquires Centennial's Corporate 25
In a significant move, Greenwood Village-based NexGen Properties has announced the acquisition of Centennial's Corporate 25, a three-building office campus located at 7200 S. Alton Way. Spanning 134,598 square feet, the multi-tenant property was acquired in an all-cash transaction.
The global commercial real estate firm Cushman & Wakefield made the announcement about the acquisition, which was revealed in a Wednesday news release. The acquirer, NexGen Properties, is a private real estate acquisition, development, and investment firm.
Centennial's Corporate 25 is a well-established office campus in the area. The property, which was not previously disclosed to have been sold, is now under the ownership of NexGen Properties. However, no further details about the purchase price or other terms were disclosed in the announcement.
The three-building campus is a significant addition to NexGen Properties' portfolio. The company, known for its focus on acquiring, developing, and investing in real estate, is expected to reveal its future plans for the property in due course.
As of now, the acquisition has not provided any information regarding the future of the property. The name of the CEO (Vorstandsvorsitzender) of NexGen Properties, which acquired Centennial's Corporate 25, is not explicitly mentioned in the provided search results.
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