Real Estate & Construction  May 24, 2022

Former Kentwood CEO, partners sell DTC office building for $42M

This story first appeared on BusinessDen.com, a BizWest news partner.

A four-year-old office building in the Denver Tech Center has been sold by its developers.

An entity affiliated with GLL Real Estate Partners purchased the four-story One DTC West building at 4949 S. Niagara St. in Denver last week for $42.3 million, according to public records.

Previous media coverage describes the building as about 75,000 square feet, making the deal worth about $563 a square foot. The structure was completed in 2018.

GLL, which is part of Macquarie Group, also owns the five-story building at 1615 Wynkoop St. in downtown Denver. The firm previously…

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