Florida investor pays $77.5M for two Denver office buildings

DENVER — A Florida-based investment company has purchased two office buildings at the interchange of Interstate 25 and Colorado Boulevard.

BusinessDen reports that TerraCap Management acquired the Centerpoint I and Centerpoint II buildings at 1777 S. Harrison St. for $77.5 million. The purchase marks TerraCap’s second acquisition in the Denver market in the past two months.