Matrix Group sells Waterpark II & III for $25,320,000 to Kaiser Permanente

Dec, 21 17 Post by: admin | Comments Off on Matrix Group sells Waterpark II & III for $25,320,000 to Kaiser Permanente

Denver Business Journal- by Kelcey McClung, Reporter

December 7, 2017

California-based healthcare provider Kaiser Permanente has purchased two office properties for $25,320.000 in Aurora.

The two buildings, Waterpark II and III, were purchased by Matrix Group Inc. for $14 million in 2010. The sale of these two properties gives Kaiser Permanente full ownership of Waterpark Campus, as it already owned Waterpark I.

The buildings are located at 2530 and 2550 S. Parker Road and total 210,838 square Feet.

Waterpark II and III were built in 1982 and 1984, respectfully. They are 97.2 percent occupied with 60 percent of the space leased by Kaiser Permanente.

Matrix Group is a Denver-based property management company. Transwestern, a privately held real estate firm based in Houston, advised Matrix Group on the sale of Waterpark II and III.

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