REBusinessOnline

Cushman & Wakefield Brokers $14.3M Office Asset Sale in Metro Denver

200-300-Plaza-Dr-Highlands-Ranch-CO

Located at 200 and 300 Plaza Drive within Highlands Ranch Business Park, the two buildings offer a total of 74,778 square feet of office space.

HIGHLANDS RANCH, COLO. — Cushman & Wakefield has negotiated the sale of two office buildings located at 200 and 300 Plaza Drive within Highlands Ranch Business Park in Highlands Ranch, a southern suburb of Denver. A private partnership acquired the assets for $14.3 million, or $192 per square foot.

Aaron Johnson and Jon Hendrickson of Cushman & Wakefield Denver’s Capital Markets Group facilitated the transaction.

Combined the properties offer 74,778 square feet of multi-tenant office space. At the time of sale, the two buildings were 99 percent occupied. The buildings were constructed in 1997/1999 and renovated in 2008..

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