22-story downtown office tower sells for $233M
This article first appeared on BusinessDen.com, a BizWest news partner.
A 22-story office tower in downtown Denver has changed hands for $233 million in the second sale since it was completed in 2016.
An entity affiliated with PGIM Real Estate purchased the 1401 Lawrence St. building last week, according to public records.
The structure is 309,987 square feet, making the deal worth about $752 a square foot. CBRE brokers Tim Richey, Charley Will, Jenny Knowlton, Chad Flynn and Alex Mulvihill represented the seller.
The seller was an affiliate of Chicago-based Heitman, which purchased the building in late 2017. That…
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