BROOMFIELD, CO-Hines US Office Value Added Fundhas sold Mountain View Corporate Center here toWestfield Capital Partners for an undisclosed sum.The new owner purchased the property free and clear of debt.
Mountain View is a four-building, 461,438-square-foot, class-Aoffice development composed of three three-storybuildings and one four-story building. HFF, alongwith Newmark Knight Frank Capital Group, marketedthe properties on behalf of Hines. Terms of the sale were notdisclosed.
Acquired by Hines in 2006, the property has been maintained tothe highest institutional standards with two of the four buildingsachieving LEED Silver certification. The property is 92% leased totenants such as Time Warner Cable,TransFirst and White Wave Foods.Situated on approximately 27 acres of land, the property is locatedon Airport Way next to Rocky Mountain MetropolitanAirport northwest of downtown Denver.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Carrie Rossenfeld
Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.
