TerraCap Management has acquired the Denver Corporate Center I and II for $71.7 million from a joint venture between Bridge Investment Group Partners and DPC Cos. The two-building property totals 381,466 square feet.

The property is located in the Denver Tech Center, and is located by I-25, I-225 and the Belleview Light Rail Station, providing numerous transportation options.

Tim Richey and Charley Will of CBRE represented the sellers, and Citizens Bank provided debt financing for TerraCap.

NOT FOR REPRINT

© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more inforrmation visit Asset & Logo Licensing.