December 19, 2016

Chicago firm buys Denver office building

A Chicago-based real estate investment company has snapped up a Denver office property.

BusinessDen reports that the 440,000-square-foot building bounded by Broadway, Lincoln Street, Seventh Avenue and Eighth Avenue was purchased by Chicago’s Bradford Allen for $80.65 million. The property is occupied largely by Anthem BlueCross BlueShield, which fills about 86 percent of the building, BusinessDen reports. The building is 98 percent occupied.

A Chicago-based real estate investment company has snapped up a Denver office property.

BusinessDen reports that the 440,000-square-foot building bounded by Broadway, Lincoln Street, Seventh Avenue and Eighth Avenue was purchased by Chicago’s Bradford Allen for $80.65 million. The property is occupied largely by Anthem BlueCross BlueShield, which fills about 86 percent of the building, BusinessDen reports. The building is 98 percent occupied.

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