Griffin Capital Unit Acquires Comcast's Western Tech Support HQ for $27M

EL SEGUNDO, CA—Griffin Capital Corp. says its Griffin Capital Net Lease REIT, Inc., has acquired a 157,000 square-foot, Class A office building located in Greenwood Village, Colorado for $27 million. The Property is 100% leased to Comcast Cable Holdings, LLC, a wholly-owned subsidiary of Comcast Corporation pursuant to a triple-net lease with an approximate nine-year remaining term. Comcast Corporation is one of the world’s leading media and entertainment.

Situated adjacent to the Denver Technological Center, the Property was originally developed in 1980 and substantially renovated in 1998. The extensive renovation features many specialized and above-standard improvements including redundant back-up power systems and HVAC equipment, as well as a five-level, 550-stall shared parking structure.