Real Estate & Construction  March 17, 2020

Florida company pays $55M for Glendale office buildings

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GLENDALE — A Florida-based investment company has purchased two Glendale office buildings for $54.59 million.

BusinessDen reports that TerraCap Management acquired the Cherry Creek Plaza I and II buildings at 600 and 650 Cherry St. The buildings encompass 337,000 square feet. It was TerraCap’s third acquisition in the Denver market since August.

Christopher Wood
Christopher Wood is editor and publisher of BizWest, a regional business journal covering Boulder, Broomfield, Larimer and Weld counties. Wood co-founded the Northern Colorado Business Report in 1995 and served as publisher of the Boulder County Business Report until the two publications were merged to form BizWest in 2014. From 1990 to 1995, Wood served as reporter and managing editor of the Denver Business Journal. He is a Marine Corps veteran and a graduate of the University of Colorado Boulder. He has won numerous awards from the Colorado Press Association, Society of Professional Journalists and the Alliance of Area Business Publishers.
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