Platte Street building sells for $129M
DENVER — A five-story building on Platte Street in Denver has sold for $129 million.
BusinessDen reports that Texas-based Crescent Real Estate acquired the Riverview building at 1700 Platte St. The property encompasses 202,500 square feet, putting the price per square foot at $637.
The property is 100% leased, with BPX Energy occupying 80% of the space.
SPONSORED CONTENT
Electric Vehicle Revolution: Install EV Chargers Now or Lose Tenants Tomorrow
Ignoring the shift towards electric vehicles is risky. Mac Electric offers an EV charging feasibility study to answer commercial property owners' questions.
Crescent also recently reentered the Boulder market, acquiring 16 properties in three business parks.
