X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

DENVER-The Denver regional office of NorthMarq Capital arranged a $39 million permanent loan for a three-building office portfolio owned by Denver-based AmeriVest Properties.

AmeriVest is the only office REIT in the country that exclusively caters to small- and medium-sized tenants.

Properties in the portfolio include:

Centerra Office Building, a Class-A, 186,000-sf, 17-story building at 1873 S. Bellaire St. in Denver. The property sits on 1.15 acres.

Parkway Center II, is a Class-A, six story, 151,988-sf building at North Dallas Tollway in Plano, TX. The property is on 6.4 acres. Southwest Gas Building is a Class-A, eight-story, 147,660-sf building at 10851 N. Black Canyon Highway in Phoenix. The property is on 7.38 acres.

Steve Bye, EVP and senior managing director Dan Koehler, associate producer and Steve Clifford, senior investment analyst of NorthMarq’s Denver office, arranged the financing.

The lender was RBS Greenwich Capital.

AmeriVest owns 28 office properties.

Servicing a portfolio of $12 billion on behalf of 50 institutional investors, NorthMarq Capital is headquartered in Minneapolis with regional offices in Denver, Austin, Los Angeles, Kansas City, Phoenix, St. Louis, Chicago, San Francisco, Dallas and Houston.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.