7601-Technology-Way-Denver-CO

Griffin Capital Disposes of 191,368 SF Office Building in Denver Tech Center for $48.8M

by Amy Works

DENVER — Griffin Capital Essential Asset REIT has completed the sale of a Class A office building located at 7601 Technology Way in Denver. An undisclosed real estate investment trust acquired the property for $48.8 million.

The seven-story, 191,368-square-foot property was 95 percent occupied at the time of sale. Jackson National Life Insurance Co. renewed a long-term lease and Zoom Video Communications executed a long-term lease for approximately 58,000 square feet of space at the asset.

Mike Winn and Tim Richey of CBRE Capital Markets represented the seller in the deal.

You may also like