DENVER-L.J. Melody & Co., the real estate banking arm of CB Richard Ellis, arranged $29.3 million in permanent financing for Tamarac Plaza near Hampden Avenue and Interstate 25 in southeast Denver. As previously reported by, Brookwood Tamarac Investors LLC, a subsidiary of Boston-based private equity firm Brookwood Financial Partners LP, recently paid $37 million for the three-building, 355,262-sf complex.

Tamarac Plaza includes one five-story and two six-story buildings and was almost 90% leased at closing. Charles J. Foschini, senior director of L. J. Melody & Co.‘s South Florida office; and Christian R. Lee, senior vice president of CB Richard Ellis’ Institutional Group, in association with Eric Tupler, senior director of L.J. Melody & Co.’s Denver office, arranged the financing through a correspondent lender on behalf of Brookwood Financial Partners.

The sale was handled by the Denver CB Richard Ellis team of Mary Sullivan, Ron Urgitus and Tim Swan. Sullivan tells Tamarac Plaza historically has enjoyed high occupancy rates because of its location between downtown and the Denver Tech Center.

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
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.



Join GlobeSt

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

  • Free unlimited access to'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 and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.