Sunday, April 20, 2008

Denver Financial Center sold for $84M

But the 666,653-square-foot Seventeenth Street Plaza at 1225 17th St., at the other end of downtown from Denver Financial Center, is on the market for sale by owner JP Morgan Chase Co. with an asking price of $385 per square foot, or $250 million, according to brokers. Seventeenth Street Plaza is similar to Denver Financial Center's tower component in height and age, in that both buildings stand about 30 stories tall and were completed in the early 1980s.

Metro Denver office buildings have been attractive to investors in recent years, and continue to be, according to recent commercial real estate reports.

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Denver Home For Sale