Real Capital Solutions and Dunton acquire Denver Tech Center's Terrace Tower
The 12-story, 243,464-square-foot Class A office building traded for an undisclosed price; RCS says its acquisition basis is substantially below estimated cost, per Connect CRE.
At a glance
The 12-story, 243,464-square-foot Class A office building traded for an undisclosed price; RCS says its acquisition basis is substantially below estimated cost, per Connect CRE.
Real Capital Solutions, in partnership with Dunton Commercial, has acquired Terrace Tower, a 243,464-square-foot Class A office building in the Denver Tech Center, Connect CRE reported Oct.
The purchase price was not disclosed; RCS says the acquisition basis is substantially below estimated cost, according to Connect CRE.
Real Capital Solutions, in partnership with Dunton Commercial, has acquired Terrace Tower, a 243,464-square-foot Class A office building in the Denver Tech Center, Connect CRE reported Oct. 9. The 12-story tower is at 5619 DTC Parkway in Greenwood Village, Colo.
The purchase price was not disclosed; RCS says the acquisition basis is substantially below estimated cost, according to Connect CRE. No comparison figure or discount size was disclosed. As this publication reported in September, 46% of Deloitte survey respondents expected no sales and sellers and buyers have stopped producing public marks.
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