Located at 1775 Sherman St. and called Denver Financial Center,the complex consists of a 31-story tower and an adjacent, low-risebuilding. The complex sits next to Wells Fargo Center, aka the"Cash Register Building."

The office tower was built in 1982, the smaller building in1970, according to county records. The sale price works out toapproximately $192 per sf. The current vacancy rate and theproperty's NOI were not immediately available Friday morning. Theannualized asking lease rate for space in the building hasincreased in the past year from the high teens to the mid-to-high$20s.

The per-sf price is close to that of 633 17th St., a 32-story,553,000-sf, slightly older building located a few blocks furtherDowntown that traded in September 2007 for $208 per sf, or $115million, according to industry sources. A few blocks furtherDowntown, recent sales for similar buildings sold for much higherprices.