GREENWOOD VILLAGE, CO—Northstar Commercial Partners has purchased the 204,945 square foot South Quebec building in Denver's thriving Tech Center. The property was acquired for $16.15 million and is one of the largest office hubs in Colorado.

Northstar purchased the building as an attractive investment opportunity, as the main tenant CoBank will be vacating the building in March 2016 to occupy a new build-to-suit opportunity. Northstar intends to secure a future tenants at the property. The firm says it is a unique opportunity to secure larger space in a submarket where it is difficult to find availability.

"Our successful closing of 5500 South Quebec brings us all a good deal of excitement here at Northstar," said Brian Watson, founder & CEO.

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.