An office building at 303 E. 17th Ave. changed hands last week. Photo by Burl Rolett.
West Coast real estate firms swapped a 1980s-era Uptown office building.
California-based Kennedy Wilson bought a 280,000-square-foot office building at 303 E. 17th Ave. last week from Broadreach Capital Partners for $65.5 million. Broadreach owned the building since 2007, when it bought the property for $44.8 million.
Kennedy Wilson financed the deal with a $47.3 million loan from Lincoln Benefit Life Co. The deal closed on Nov.12, according to city records.
Last week’s buy comes a year after Kennedy Wilson bought the 312-unit Villas at Homestead apartments in Centennial for $56.75 million. Kennedy Wilson claimed 732 total apartment units under ownership in the Denver area as of October of last year.
An office building at 303 E. 17th Ave. changed hands last week. Photo by Burl Rolett.
West Coast real estate firms swapped a 1980s-era Uptown office building.
California-based Kennedy Wilson bought a 280,000-square-foot office building at 303 E. 17th Ave. last week from Broadreach Capital Partners for $65.5 million. Broadreach owned the building since 2007, when it bought the property for $44.8 million.
Kennedy Wilson financed the deal with a $47.3 million loan from Lincoln Benefit Life Co. The deal closed on Nov.12, according to city records.
Last week’s buy comes a year after Kennedy Wilson bought the 312-unit Villas at Homestead apartments in Centennial for $56.75 million. Kennedy Wilson claimed 732 total apartment units under ownership in the Denver area as of October of last year.
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