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Denver, Strong Infrastructure, Growing Economy

DENVER-In an UPDATE to a previous story, a 10-story building here received dozens of offers from “serious bidders,” says a source.

By Natalie Dolce | Updated on February 05, 2014

DENVER-Denver is hot. That is according to Chad Flynn, a broker at Cushman & Wakefield. Flynn recently was on a team brokering a recent office building purchase for Beacon Investment Properties LLC here. “A lot of investor groups are being priced out of the coastal markets making Denver more and more attractive with its strong infrastructure and growing economy.”

As GlobeSt.com previously reported, Beacon Investment Properties LLC, which has been interested in the Denver market for over a year, has entered the Colorado market by acquiring 6455 S. Yosemite, a 10-story, 198,000-square-foot suburban office building in the Denver Technological Center for $25 million from an East Coast institutional real estate investor.

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