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Peakview Tower Sells for $54 Million

KBS Realty Acquires Coveted Office Asset Outside of Denver
September 5, 2012
KBS Realty Advisors purchased Peakview Tower in Englewood, CO, from Crescent Real Estate Equities for $54 million or $204 per square foot.

Built in 2001, the 264,149-square-foot, 10-story, Class A office building at 6465 S. Greenwood Plaza Blvd. is on 6.49 acres. The structure holds a LEED Silver certification and an Energy Star rating for operating efficiency. At the time of sale the property was 92.4 percent leased to tenants that included JP Morgan Chase, Bank of America and United Healthcare.

Mary Sullivan and John Jugl of Jones Lang Lasalle represented the seller.

Please refer to CoStar COMPS #541046 for more information on this transaction.

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