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CENTENNIAL, CO-SVN Equities paid $13.5 million for the three-building, 130,000-sf Arapahoe Peoria Business Park. The property is near Interstate 25 at 12250, 12300 and 12350 East Arapahoe Rd.

Kurt Holzkamp and Ed Bartlett of HB Real Estate represented SVN Equities in the transaction. The seller, a private investor from Denver, represented himself. The property closed in just 60 days.

Built in 2001, Arapahoe Peoria Business Park is 77% occupied by tenants including American Honda, Grainger and Pulte Mortgage. The park has an additional land parcel that is ready for future development.

SVN Equities and SVN Asset Management were formed in January 1998 to manage, lease, buy and sell retail, office and industrial properties throughout the US. Since that time, SVN Equities has put together more than 40 partnerships that currently own nearly five million sf of property.

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