News

Central Park Tower Fetches $83M

The 297k SF Central Park Tower in Broomfield traded for $83.5M. Chicago-based GEM Realty Capital was the buyer; FSP 385 Interlocken LLC was the seller.

CBRE Group oversaw the deal, and EVP Geoff Baukol characterized it as "one of the top office assets in the entire Denver metro office market," according to the Denver Business Journal. The 2010-vintage LEED Gold property in the Interlocken Business Park is 86% occupied. [DBJ]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Denver Newsletters
Related Stories

JVP Development Is Betting $37M Of Its Own Money That Frisco Is Ready For Spec Office

Hedge Fund Bids $88M For Spirit Airlines' Former HQ

Federal Government To Sell Nearly 31K SF In Five Points: The Denver Deal Sheet

More Hotel Owners In Need Of Cash Are Getting It From The Big Brands

Oyster Point's Second Phase Half-Leased As Kilroy Navigates Soft Lab Demand

BXP Closes In On Next D.C. Office Development As It Shrinks Assets

Clarion Under Contract To Sell 18-Story Seaport Office Tower

Oil Company Expands Again At Cash Register Building

BXP's 343 Madison Lands $1.2B Loan, Nears Deal With Equity Partner

D.C. Sues To Block HUD Headquarters Move To Virginia

Ken Griffin Completes Takeover Of Brickell Block, Setting Stage For $2.5B Megaproject

Private Equity Firm Buys Former Texas Instruments Campus For New Headquarters