Westside Investment Partners specializes in purchasing distressed assets and recently acquired the Campus at Waterview, a three-building office complex. The purchase price was $27 million, significantly lower than its previous sale for $66.85 million in August 2014. The seller of the campus was Barings, a leading global asset management firm with over $431 billion in investments.
Located near Interstate 25 and surrounded by various retail and dining options such as Park Meadows Mall and Centennial Airport, the campus offers convenient access to amenities for tenants. Some notable businesses nearby include RingCentral, The Hanover Insurance Group, and Orica USA.
According to Westside’s website, they have successfully sold over $3 billion worth of assets with more than 30 active projects currently underway. This recent acquisition is another example of their expertise in identifying discounted investment opportunities within the market.