15,107 SF Office Space in Colorado Springs Sells for $1.9 Million

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Press release – 7680 Goddard Street, Colorado Springs, CO

Colorado Springs, CO, August 17, 2020 – SVN | Denver Commercial is pleased to announce the sale of 7680 Goddard Street in Colorado Springs. The 15,107 sq. ft. office property was sold for $1,900,000. John Lutkewitte, Troy Meyer, and Kevin Matthews with SVN | Denver Commercial represented the Seller, IDYLLWILD LLC. Charlie Triplett with KW Commercial represented the buyer.

“This was an off-market deal that we were able to get sold during the pandemic. The Buyer was an owner/user who was able to fill the roughly 60% vacancy,” said John Lutkewitte. “It went from contract to close in 60 days.”

About SVN

SVN | Denver Commercial serves Colorado with its offices in Denver and Fort Collins and is a joint venture between local principals and SVN | Chicago Commercial. The firm assists real estate owners, investors, and occupiers throughout the state of Colorado and beyond by offering strategic advice and execution for property leasing and sales; property management; corporate services; investment management; research and investment strategy; and consulting. Most recently the firm was recognized as SVN Firm of the Year in 2018 out of 200 offices globally and consistently ranks in the top 10 for production. For more information, visit www.svncolo.com.

The SVN organization is a globally recognized commercial real estate entity united by a shared vision of creating value for clients, colleagues and communities. Currently, SVN comprises over 1,600 advisors and staff working in more than 200 offices across the globe. For more information, visit www.svn.com.

Contact:

John Lutkewitte | 303.993.4050 | john.lutkewitte@svn.com

Troy Meyer | 303.974.5737 | troy.meyer@svn.com

Kevin Matthews | 303.974.5893 | kevin.matthews@svn.com

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