17-Story Denver Office Tower Trades for $3.6M
A number of Denver office towers continue to suffer profitability issues. The 17-story tower, once known as Columbine Place, has been bought for $3.63 million. The Denver Business Journal reports building values in downtown Denver have dropped significantly since then. Adio…
A number of Denver office towers continue to suffer profitability issues. The 17-story tower, once known as Columbine Place, has been bought for $3.63 million. The Denver Business Journal reports building values in downtown Denver have dropped significantly since then. Adio…
BELLINGS Intelligence Score: 8
Why it matters
This is a routine commercial real estate transaction involving a relatively small asset with no novel structure or broader market impact.
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17-Story Denver Office Tower Trades for $3.6M
A number of Denver office towers continue to suffer profitability issues. The 17-story tower, once known as Columbine Place, has been bought for $3.63 million. The Denver Business Journal reports building values in downtown Denver have dropped significantly since then. Adio…