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1999 Broadway Under Contract

1999 Broadway Under Contract

A Massachusetts-based real estate investor could take ownership of one of the tallest skyscrapers in Downtown Denver.

1999 broadway

Franklin Street Properties Corp is on track to buy 1999 Broadway, the 680kSF, 43-story tower that shadows over the Holy Ghost Catholic Church. According SEC documents, Franklin has both the tower and the nine-story parking garage at 2099 Welton St under contract for $183M, with a closing scheduled for July 1. (Negotiations are fun, but they want a good seat for fireworks.) The sellers are a consortium of investors, including Pearlmark Real Estate Partners, Broadreach Capital Partners and Equity West Investment Partners. Cushman & Wakefield is brokering the sale, according to docs. Officials with Franklin Street and the sellers didn't return calls seeking comment.