NG Expo – Sold

Address 17455 East Exposition Drive
Aurora, CO (Denver)
Property Type One Office Building
Size 104,136 Square Feet
Primary Tenant Northrop Grumman Systems
Acquired October 1, 2017
Sold October 10, 2024
Syndicated October 27, 2024
Internal Rate of Return
Average Annual Return
Equity Multiple

* Represents returns from dividends paid and initial sale proceeds, of which approximately 97% have been paid to date. Returns may vary after final distribution.

Highlights & Amenities:
  • Class A, state-of-the-art build-to-suit building with executive suites, general office finishes, data center with raised floor, cafeteria and fitness area
  • The Property was built-out with Sensitive Compartmentalized Information Facility (“SCIF”) space based on various enhanced security features required by the U.S. government
  • NG Expo is within a quarter-mile of Buckley Air Force Base, which houses a U.S. missile detection/warning system
  • Competition in this market is dictated primarily by the distance from Buckley Air Force Base and the nearest available comparable space is located at least 5 miles from the Property’s location
  • The Property is a single tenant facility, 100% leased to Northrop Grumman, who has invested approximately $86/square foot in the building and has renewed multiple times since its occupancy in 2002