Jan 30, 2015

Diamond Ventures Purchases an Office Building in Englewood, Colorado

Diamond Ventures Purchases an Office Building in Englewood, Colorado

Tucson, Ariz. (January 30, 2015)- Diamond Ventures, purchased an 83,058 square foot office building located at 373 Inverness in Englewood, Colorado, a suburb of Denver.  The building is currently occupied by four tenants and 81 percent leased.  This is the second office building Diamond Ventures has purchased in Colorado in the last two years.

In December, 2013, Diamond Ventures purchased 5555 Tech Center Drive in Colorado Springs, Colorado.  The decision to enter Colorado was part of a plan to diversify and acquire some real estate outside of Arizona.  The investment has been a good one, so the decision was made locate another opportunity in Colorado.

“We are very bullish on the Colorado market,” says Bill Kelley, CFO of Diamond Ventures.  “We see a considerable amount of upside potential with 373 Inverness, so we felt it was a great opportunity for us to buy this asset and create some value.“

The property is being leased by Newmark Grubb Knight Frank and managed by Cushman & Wakefield.

For more information, please call Bill Kelley at (520) 577-1000.

About Diamond Ventures

Diamond Ventures, Inc. was founded in 1988 with a singular vision of becoming one of the leading real estate development and investment companies in the southwest. Over the years, the company has achieved its vision by assembling a quality portfolio of residential, office, retail and build-to-suit projects throughout Arizona.


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