X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

WESTMINSTER, CO-KBS Strategic Opportunity REIT, a public non-traded real estate investment trust based in Newport Beach, CA, has purchased the Westmoor Center, a six-building class-A office complex totaling 612,890 square feet in the Denver submarket of Westminster, CO. KBS Strategic Opportunity REIT purchased the asset for $86 million.

The purchase boosts the presence of KBS Strategic Opportunity REIT and its affiliated companies in the Denver area, where it now owns six office properties totaling more than 1.7 million rentable square feet, including the 561,691-square-foot Granite Tower in Denver; the 264,194-square-foot Peakview Tower in Centennial, CO; Denver’s 128,845-square-foot 210 University; the 92,099-square-foot Academy Point Atrium I in Colorado Springs, CO.; and the 82,320-square foot Crescent VIII in Greenwood Village, CO. KBS Strategic Opportunity REIT owns Academy Point Atrium I, but does not own any interest in any of these other additional properties.

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?

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 © 2021 ALM Media Properties, LLC. All Rights Reserved.