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Karlin Golden Sells Office, Retail Building for $15.9M in Downtown Golden, Colorado

Clear-Creek-Square-Golden-CO

Clear Creek Square features 78,647 square feet of office and retail space.

GOLDEN, COLO. — Los Angeles-based Karlin Golden has completed the disposition of Clear Creek Square, a mixed-use building located at 600-650 12th St. in downtown Golden. Colorado State Land Board acquired the asset for $15.9 million in an off-market transaction.

Built in 2002, the building features 78,647 square feet of office space, with approximately 11 percent of the square footage dedicated to ground-floor retail space, free covered parking, on-site showers and lockers. The multi-tenant building is home to five office users. Tenants include Equian, The Regis Co., Institutional Cash Distributor, Big Ring Cycles, Anthony’s Pizza & Pasta and Barrels & Bottles. At the time of sale, the property was 95 percent occupied.

Campbell Davis, James Brody and Blake Harris of CBRE represented the seller in the deal.

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