Real Estate & Construction  June 22, 2022

Out-of-town investors trade Interlocken office building

BROOMFIELD — An East Coast commercial real estate investment firm has offloaded a large office building at 370 Interlocken Blvd. to an investor from the West Coast for $34.45 million.

IPXI Interlocken Investors LLC, a holding company operated by Pennsylvania’s Equus Capital Partners, was the seller and URG 370 Interlocken LLC, an entity controlled by Seattle-based real estate developer and investor Urban Renaissance Group, was the buyer of the 150,656-square-foot Class A office building along the U.S. Highway 36 corridor, Broomfield property records show. 

Equus bought the property in 2018 for $29 million.

The six-story building, completed in 1998,…

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A Maryland native, Lucas has worked at news agencies from Wyoming to South Carolina before putting roots down in Colorado.
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