Rampart Medical Campus acquired for $8.6M by Echo Real Estate Capital
Lowry neighborhood’s Rampart Medical Campus has been acquired for $8.6 million by Echo Real Estate Capital Inc., a Chicago-based real estate investment & development firm. The two-building medical outpatient buildings, covering over 70,000 square feet, are at 125 and 130 Rampart Way.The 125 building was sold for nearly $4.5 million and the 130 building was sold for $4.1 million, according to city special warranty deeds.Property records show the two buildings last sold in December 2019 for $18.8 million.“Historically 90 percent-plus leased, the portfolio was sold at approximately 50% occupancy providing...