Reported Sep 14, 2026 · Source: BusinessDen
The Douglas County School District purchased the 140,000-square-foot Meridian One office building at 9785 Maroon Circle for $6 million, or about $43 per square foot, according to BusinessDen. The property is 16% leased and has been in receivership since December 2023 after seller Felton Properties Inc. defaulted on its loan.
Summarized from the article; the quoted lines below are from the article itself.
Read the full report at BusinessDen. What the article says:
DougCo Schools snaps up Meridian office building at deep discount
The Meridian One office building at 9785 Maroon Circle in Douglas County. (Google Street View)
On Thursday, the district purchased the 140,000-square-foot Meridian One office building at 9785 Maroon Circle for $6 million, or about $43 per square foot.
The property is just 16% leased and has been in receivership since December 2023. The Douglas County School District has completed its course in distressed…
The property is just 16% leased and has been in receivership since December 2023 after seller Felton Properties Inc. defaulted on its loan.
Article date: 2026-09-14T10:17:13+00:00
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