Office Regional Sales 12 Month Rolling Report, Denver CBD
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1125 17th Street
1125 17th St, Denver, CO |
Sale Date 12/06 Cap Rate 4.8 Sale Price $120,000,000 Price PSF $245 Building Size 489,393 YOC 1980 Occupancy 97%
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Overview
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Seller/ Buyer Broadway Real Estate Partners/Broadreach Capital Partners & Transwestern
Submarket Denver CBD, CBD
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EPA Building
1595 Wynkoop St, Denver, CO |
Sale Date 12/06 Cap Rate 7.0 Sale Price $91,325,000 Price PSF $327 Building Size 279,022 YOC 2006 Occupancy 100%
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Overview
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Seller/ Buyer Opus Northwest/Government Properties Trust
Submarket Denver CBD, CBD
*Build-to-suit for the Environmental Protection Agency
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1660 Wynkoop
1660 Wynkoop St, Denver, CO |
Sale Date 12/06 Cap Rate 7.2 Sale Price $13,900,000 Price PSF $224 Building Size 62,187 YOC 1983 Occupancy 100%
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Seller/ Buyer Mindlin Companies/Legacy Partners Commercial
Submarket Denver CBD, CBD
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1001 17th Street
1001 17th St, Denver, CO |
Sale Date 12/06 Cap Rate N/A Sale Price $108,000,000 Price PSF $165 Building Size 656,334 YOC 1977 Occupancy 0%
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Overview
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Seller/ Buyer Qwest/Miller Global Properties
Submarket Denver CBD, CBD
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Market Center
1322-1380 17th St, Denver, CO |
Sale Date 10/06 Cap Rate 6.5 Sale Price $17,500,000 Price PSF $146 Building Size 119,454 YOC 1980 Occupancy 85%
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Overview
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Seller/ Buyer Triumph Real Estate/Grant Management
Submarket Denver CBD, CBD
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Denver Newspaper Agengy Building
101 W Colfax Ave, Denver, CO |
Sale Date 10/06 Cap Rate N/A Sale Price $93,415,000 Price PSF $292 Building Size 320,000 YOC 2006 Occupancy 100%
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Seller/ Buyer Wachovia Development Co./American Properties
Submarket Denver CBD, CBD
*Build-to-suit for the Denver Newspaper Agency
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Trinity Place
1801 Broadway, Denver, CO |
Sale Date 10/06 Cap Rate 4.7 Sale Price $29,386,825 Price PSF $155 Building Size 189,163 YOC 1981 Occupancy 93%
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Seller/ Buyer Equity Office Properties/Broe Companies
Submarket Denver CBD, CBD
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789 Sherman
789 Sherman Street, Denver, CO |
Sale Date 10/06 Cap Rate 7.8 Sale Price $9,925,000 Price PSF $103 Building Size 96,160 YOC 1973 Occupancy 88%
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Overview
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Seller/ Buyer Fleisher-Smyth Company/OH Enterprises
Submarket Denver CBD, CBD
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Denver Club Building
518 17th St, Denver, CO |
Sale Date 09/06 Cap Rate N/A Sale Price $10,750,000 Price PSF $47 Building Size 230,734 YOC 1954 Occupancy 51%
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Seller/ Buyer Denver Club Office Condominiums LLC/Corum Real Estate
Submarket Denver CBD, CBD
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Matrix Financial Center
700 17th St, Denver, CO |
Sale Date 09/06 Cap Rate 7.0 Sale Price $27,250,000 Price PSF $149 Building Size 182,623 YOC 1961 Occupancy 100%
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Overview
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Seller/ Buyer Matrix Tower Holdings/Toma West (Grant Management)
Submarket Denver CBD, CBD
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Hudson's Bay Centre
1600 Stout St, Denver, CO |
Sale Date 08/06 Cap Rate 5.7 Sale Price $25,000,000 Price PSF $144 Building Size 173,155 YOC 1982 Occupancy 86%
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Overview
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Seller/ Buyer Shea Properties/Titan Investments
Submarket Denver CBD, CBD
*Part of a 3 bldg. portfolio sale for $102.5M ($140 PSF) at a 5.5% cap
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555 17th Street
555 17th Street, Denver, CO |
Sale Date 06/06 Cap Rate 5.1 Sale Price $128,500,000 Price PSF $178 Building Size 720,236 YOC 1978 Occupancy 70%
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Seller/ Buyer Anschutz Family Trust/UBS Realty Advisors
Submarket Denver CBD, CBD
*The attached Hyatt Grand Hotel sold for $89.85 million ($175,830/room) as part of this transaction
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Blake Street Terrace
1860 Blake St, Denver, CO |
Sale Date 06/06 Cap Rate 6.6 Sale Price $15,400,000 Price PSF $167 Building Size 92,016 YOC 1890/1983 Occupancy 94%
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Overview
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Seller/ Buyer ACF Property Management/MAV Development
Submarket Denver CBD, CBD
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18th Street Atrium
1621 18th St, Denver, CO |
Sale Date 04/06 Cap Rate 6.5 Sale Price $25,000,000 Price PSF $229 Building Size 109,178 YOC 1919/1983 Occupancy 100%
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Overview
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Seller/ Buyer AmCap/Grant Management
Submarket Denver CBD, CBD
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World Trade Center I & II
1625 & 1675 Broadway, Denver, CO |
Sale Date 01/06 Cap Rate 7.7 Sale Price $116,000,000 Price PSF $151 Building Size 767,238 YOC 1979-1980 Occupancy 89%
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Overview
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Seller/ Buyer Brookfield Properties/Broadreach Capital Partners & Transwestern
Submarket Denver CBD, CBD
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Colorado State Bank Building
1600 Broadway, Denver, CO |
Sale Date 11/05 Cap Rate 5.35 Sale Price $45,000,000 Price PSF $109 Building Size 411,976 YOC 1971 Occupancy 70%
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Overview
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Seller/ Buyer Brookfield Office Properies/LBA Realty
Submarket Denver CBD, CBD
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Wells Fargo Center
1700 Lincoln St, Denver, CO |
Sale Date 10/05 Cap Rate 6.9 Sale Price $355,000,000 Price PSF $293 Building Size 1,213,381 YOC 1983 Occupancy 87%
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Seller/ Buyer Maguire Properties/Macquarie
Submarket Denver CBD, CBD
*Maguire master leased tge building to 95% occupancy for 1 year
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16 Market Square
1400 16th St, Denver, CO |
Sale Date 07/05 Cap Rate n/a Sale Price $60,000,000 Price PSF $297 Building Size 202,272 YOC 2001 Occupancy 100%
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Overview
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Seller/ Buyer Continuum Partners/KBS Realty Advisors
Submarket Denver CBD, CBD
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Alamo Plaza
1401 17th St, Denver, CO |
Sale Date 02/05 Cap Rate 7.5 Sale Price $41,850,000 Price PSF $219 Building Size 191,151 YOC 1982 Occupancy 88%
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Overview
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Seller/ Buyer Miller Global Properties/Behringer Harvard
Submarket Denver CBD, CBD
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Parkway Office Centre
1391 N. Speer Boulevard, Denver, CO |
Sale Price $-1 Price PSF $-0 Building Size 134,643 YOC 1983 Occupancy 93%
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Overview
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Seller/ Buyer /
Submarket Denver CBD
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