Investors buying Class B office buildings
Local investors have acquired several Class B office buildings in Denver recently with plans to add value through capital improvements.
The most recent deals ranged in price from $1.8 million to $6.85 million and included buildings that were anywhere from 58 percent to 95 percent leased.
CBRE broker Riki Hashimoto, who handled one of the deals with partner Dan Grooters, said he’s surprised at the level of activity.
You can read about three of the latest deals in the Greater Denver and Office sections of CREJ’s June 20 issue.
Jill Jamieson-Nichols has been an Editor with the Colorado Real Estate Journal for more than 15 years, providing coverage of office, industrial, medical office and mixed-use development news in the Denver metro area, plus all property types in Northern Colorado, Boulder County and along the Highway 36 corridor.
Prior to joining CREJ, Jill was Editor of Golden's community newspaper, The Golden Transcript. Jill earned a bachelor’s degree in mass communications from Colorado State University-Pueblo.
When she's not keeping you up-to-date on the latest happenings in Colorado's commercial real estate market, Jill can be found skiing, exploring the outdoors with her dogs, playing the piano, reading, or learning computer graphics.