DENVER—HFF has completed the sale and acquisition financing for The Offices at Broadway Station, a 318,053-square-foot office property located in central Denver.

HFF marketed the property on behalf of Walton Street Capital, LLC and represented the buyer EverWest Real Estate Partnerson the financing.  HFF arranged the 10-year, fixed-rate, securitized loan through Wells Fargo Bank, N.A.

The Offices at Broadway Station is located at the intersection of South Broadway and I-25 in Denver.  Fully-renovated in 2006 to include modern interiors with class A finishes, the property is composed of three buildings, including two four-story office buildings and a newly-constructed, four-level garage with ground-floor office space.  The office buildings are 94.7% leased.   The property originally served as the factory and headquarters for the Gates Rubber company.   The area surrounding and including The Offices at Broadway Station has been transitioning over the last three decades from an industrial area to a vibrant transit-oriented, mixed-use infill location.

The HFF investment sales team representing the seller was led by senior managing directors John Jugl and Mary Sullivan as well as associate director Angela Lentell.

HFF's debt placement team representing the buyer was led by senior managing director Eric Tupler, director Josh Simon and real estate analyst Kristian Lichtenfels.

“We are pleased to add the Offices at Broadway Station to our platform and look forward to continually enhancing this asset in the thriving Denver market,” said Paul Andrews, chief financial officer with EverWest. “The HFF team provided insightful access to the capital markets and exemplary transaction management.”

Walton Street Capital is a private equity real estate investment firm founded in 1994. EverWest Real Estate Partners, is a Denver-based leading private real estate investment manager and operator who invests in core, valued add and opportunistic investments in office, industrial, multi-family, retail and mezzanine debt investments.