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DENVER-AmeriVest Properties common stock stopped Wednesday and the company’s remaining assets were transferred to a trust, completing a liquidation that was approved by stockholders in May. The trust is being administered by Cloyses Partners LLC.

Bids were due in June for the company’s remaining portfolio, which consists of 17 multi-tenant office buildings in 12 properties in Denver, Dallas and Phoenix. More than 200 interested parties took a serious look at the 1.73-million-sf portfolio.

In July, AmeriVest announced that Koll/Per, a venture of the Koll Co. and the Public Employee Retirement System of Idaho, had signed a definitive agreement to acquire the portfolio for $273 million. The transaction closed in phases, the last of which was concluded on Nov. 30.

Prior to the dissolution, stockholders received a cash distribution of $3.50 per share on Nov. 10, and an additional $1.75 per share on Dec. 11. Cloyses is expected to distribute an additional $0.40 per share ($9.65 million) on or before March 14.

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