BROOMFIELD, CO-Equastone Real Estate Investment Advisors of San Diego has sold the Views, a 336,761-square-foot class A office park, to a private investor for $42 million. Equastone was represented by SVPs Riki Hashimoto and Dan Grooters of the Grubb & Ellis Private Capital Markets group.

Scott Garel, senior vice president, Joe Heath, associate vice president, and Don Misner, senior associate, all of the company’s Office Group, who represented Equastone Real Estate Investment Advisors in leasing the property, assisted Hashimoto and Grooters in the sale. Garel, Heath and Misner will continue to lease the property, which was 92% leased at the time of the sale, on behalf of the new ownership.

Hashimoto points out that the office complex is named for the views it provides of the Rocky Mountain Flatirons and Downtown Denver. “We received a great deal of interest throughout the sale of the Views I and II from a number of qualified investors,” said Hashimoto. “In addition to the asset’s high quality, the Northwest Denver submarket has outperformed in leasing velocity compared with other suburban areas in the Denver region over the past few quarters, making this an extremely attractive investment.”

The Views I and II consists of two five-story office buildings at 11800 and 11802 Ridge Parkway. Built in 2000 and 2001, the property is located near the Interlocken Loop, where a number of shopping centers, restaurants and hotels are located. It is also near the Denver-Boulder Turnpike and the Rocky Mountain Metropolitan Airport.

The transaction was a result of a referral from David Scherer, EVP in the Office Group of the Las Vegas office of Grubb & Ellis, who holds a relationship with Equastone Real Estate Investment Advisors. Tony Eugenio of Presidio Group represented the buyer.