Broomfield office park sells for $57 million

BROOMFIELD — Mark IV Capital Inc., a real estate investment firm based in Newport Beach, Calif., has acquired three Class A office buildings at the south edge of Interlocken business park in Broomfield for $57 million.

Mark IV Capital purchased the three multistory office buildings totaling about 325,000 square feet of space along 120th Avenue at Eldorado Ridge from Lowe Enterprises in Los Angeles and a partner. Lowe Enterprises purchased the properties in 2012 for $42 million, according to public records.

The three buildings, built in the late 1990s and early 2000s were acquired in separate deals during September — 11101 W. 120th Ave. went for $21,147,000, 11001 W. 120th Ave. was acquired for $18,468,000, and 10901 W. 120th Ave. went for $17,385,000, according to public records.

Major tenants at Eldorado Ridge include RES Americas Inc., Office Evolution, University of Colorado and Regis University.

Mark IV Capital owns and manages several commercial high-end office properties in the Denver metro area including Maroon V and Three Maroon Circle in the Meridian International Business Center in Englewood, Monaco Plaza in Denver, and Sky Harbor Business Park in Centennial. It also has holdings in California, Texas, Arizona and Nevada.

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