Sentinel Net Lease, a private commercial real estate investment firm specializing in long-term net lease strategies, has announced the $23 million acquisition of Waterpark at Briarwood, a two-property flex office portfolio located in Centennial, Colorado.
The acquisition, completed through a joint venture with Sentinel Opportunity Fund I, LP, aligns with the Fund’s ongoing strategy to acquire high-quality, income-producing assets in markets demonstrating strong fundamentals and stable tenant demand.
Situated in Denver’s southeast submarket, Waterpark at Briarwood features two institutional-grade office buildings boasting a diverse tenant mix and excellent connectivity to major transportation routes, retail centers, and local amenities. The properties are positioned to benefit from the region’s sustained economic growth and continued corporate demand.
“Waterpark at Briarwood aligns perfectly with our strategy of identifying assets that offer durable cash flow and long-term value creation potential,” said Fred Lewis, CEO of Sentinel Net Lease. “We’re proud of our team’s disciplined approach and grateful to our investors for their continued confidence in Sentinel’s platform.”
“Denver’s southeast office corridor continues to demonstrate resilience, supported by a strong tenant base and healthy market fundamentals,” added Dennis Cisterna, Chief Investment Officer at Sentinel Net Lease. “This acquisition highlights Sentinel’s ability to find value in markets where quality supply is limited. The tenants’ substantial investments in their spaces create institutional-grade improvements that enhance long-term stability.”
The Waterpark acquisition represents another key milestone for Sentinel Opportunity Fund I as it continues to deploy capital into opportunities that balance strong real estate fundamentals with prudent risk management.
