DENVER-A pension fund has purchased Denver Club, a 24-story office building measuring 231,454 square feet at 518 17th St. in downtown Denver. The property, constructed in 1954, was 74% occupied at closing.
The Denver Club office building was formerly owned by Dca Denver LLC and Cls Holdings Inc. Previous proprietors spent $10 million to renovate the building. In the deal, the buyer was represented by Lowe Enterprises Investors, and the seller was represented by Grubb & Ellis. For the full story, go to Denver Business Journal .
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