Mainstream News

14-story Denver Tech Center office building sells for $47M

14-story Denver Tech Center office building sells for
$47M 1

An office building in the Denver Tech Center has sold for $47.1 million, according to public records.

The 14-story Stanford Place I building at 8055 E. Tufts Ave., in Denver was purchased last week by Alturas Stanford LLC, records show.

That entity lists an office address that corresponds to that of Idaho-based Alturas Capital Partners. Among the firm’s holdings are four office buildings in Colorado Springs, according to its website.

The building was completed in 1981 and is 273,963 square feet, according to property records, which makes the deal worth about $172 a square foot.

The building was sold by Bri 1871 Stanford LLC, affiliated with Florida-based Accesso Partners. The company paid $43.25 million for it in May 2016, records show.

Accesso’s website no longer shows any holdings in Colorado.

Price & Product Availability Tracker

Discover where products are available & compare prices

Tenants at the building include car financing firm AutoPay and software company MCA Connect.

Other DTC office buildings that have sold within the past year:

  • The 220,396-square-foot office building at 10825 E. Geddes Ave. in Centennial for $63.2 million in January;
  • The 13-story building at 4600 S. Syracuse St. in Denver for $74.25 million in February;
  • The four-story building at 9200 E. Mineral Ave. in Centennial for $9 million in December;
  • The 11-story building at 6340 S. Fiddlers Green Circle in Greenwood Village for $120 million in July 2020.

Read the Full Article

Mainstream News

Prepare Now Before its too Late

Discover where products are available & compare prices

Patriots' star Stephon Gilmore shows frustration with contract on Twitter
COVID-19 cases worsen in Latin America, no end in sight – health agency

You might also like
Menu