Miller Global Properties, a Denver-based real estate investment company, acquired the 821,242-square-foot Panorama Corporate Center office campus in Englewood, CO from Equity Office in a joint venture with institutional investors advised by J.P. Morgan Asset Management.
Development on the Panorama Corporate Center began in 1996 with the construction of Panorama Corporate Center I. Six additional properties were subsequently constructed with the last one developed in 2008. The seven properties are 92.3 percent leased with United Launch Alliance serving as the center's anchor tenant. The site also serves as the regional headquarters for Charles Schwab.
The sale included two land parcels totaling 11.3 acres zoned for office, retail, industrial or residential purposes. The campus is located on Panorama Circle and Chester St. southwest of the E Dry Creek Rd. and I-25 interchange.
John Jugl and Mary Sullivan of HFF negotiated on behalf of the sellers.
Please see CoStar Comp #2916817 for additional information on the transaction.