Sheridan Plaza, completed in 1999, is fully leased. The total purchase price for the interest is $658,918, payable in the form of 131,784 shares of AmeriVest common stock and 65,892 warrants to purchase AmeriVest common stock at $5 per share through July 10, 2005. The interest was purchased from Sheridan Realty Partners, LP, an affiliate of certain AmeriVest officers and directors.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Denver
Office