SpacePark_Monaco
Houston, TX – May 18, 2012 – Houston-based Boxer Property announced that it has just acquired two properties in the last week; one in the Denver and one Houston.
The Denver Office Space property, Monaco Park, is a 128,471 square foot 2 building property located at 6795-6825 E Tennessee Ave, in the southeast side of Denver, just south of Monaco Pkwy. Boxer Property represented itself in the purchase of the Denver buildings, while the seller was represented by Brad Cohen, Vice President of Transwestern Investment Services.
The Second acquisition of Houston office space for rent, in the same week, was 1322 Space Park, a 120,733 SF property, in Nassau Bay, Texas. 1322 Space Park, promises to be an exciting project as Boxer plans to undertake a number of upgrades and renovations to create more character for the property. The seller, LNR Partners, was represented by Rudy Hubbard and Kevin McConn of Jones Lang LaSalle Investment Sales.
“We are excited to have the opportunity to grow our portfolio in the Denver and Houston markets” said Boxer’s Acquisitions Manager, David Kayle. “With these two acquisitions and what we have in the pipeline, we hope to start picking up the pace for the rest of the year so we can achieve our goal of purchasing 3 million square feet this year” said Boxer’s Acquisitions Manager, Andre Pereira.
About Boxer Property
Founded in 1992, Boxer Property is a privately held commercial real estate firm specializing in maximizing value of underperforming and challenged properties through its aggressive leasing and hands on management. Boxer Property currently manages and leases more than 16 million square feet across the United States of both office buildings and retail malls. Visit www.BoxerProperty.com, for more information.
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