NBS REAL ESTATE CAPITAL ACQUIRES TWO-BUILDING OFFICE CAMPUS

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WESTMINSTER, COLO. — NBS Real Estate Capital, on behalf of Morrison Street series of private equity funds, has purchased a two-building office portfolio, which is located at the intersection of 121st Avenue and Pecos Street in Westminster, for $12.25 million. In addition to the 117,705-square-foot property, the sale also included a 2.52-acre land parcel entitled for future development. At the time of acquisition, the property was 89 percent leased to six tenants.

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