April 18, 2003

Alliance buys Level 3 buildings for $14 million

Contributing Writer BROOMFIELD — Following the widely reported purchase of two first-class office buildings in Broomfield formerly owned by Level 3 Communications, Alliance Commercial Partners of Lakewood is already aggressively seeking to fill the space.

Frank Kelly and Doug Bakke of CB Richard Ellis, who also brokered the $14 million sale, have begun making proposals to potential tenants.

The two five-story buildings at 11802 Ridge Parkway in the Interlocken business park carry a total of 350,000 square feet as well as 55 acres of adjoining land. The purchase is considered a bargain for Alliance, which paid about $40 per square foot for the…

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