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DENVER-Investors snapped up only $281 million in commercial real estate properties in the Denver area during the first half of the year, shows a report by commercial real estate veteran Brad Neiman. By contrast, by mid-year 1998 at the peak of the market, investors already had paid $1.3 billion for commercial real estate properties, according to Neiman, a principal of Inverness Properties LLC.

Neiman has been tracking the sale of offices, retail and industrial properties of at least $1 million for more than 20 years. His studies do not include apartments or land.

The biggest sale so far this year was the former Amgen campus in Boulder, which Investcorp paid $66 million, according to Neiman.

The Boulder Plaza followed it, across from the Crossroads Mall in Boulder that Tebo Development of Boulder paid $24.75 million.

In the third largest deal, Wells paid $21 million for the TRW building at 750 Richfield St. Aurora.

Integrated Properties, headed by local investor Bruce Deifik, paid $15.88 million for the largest multi-tenant office building sale so far this year, the Denver Centerpointe 1.

Rounding out the Top 5 list was Dallas-based McFarlan Real Estate Investment Trust’s $13.5 million purchase of Arapahoe Park East in Boulder, according to Neiman.

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