BROOMFIELD, CO—The Eldorado Ridge office complex, a 324,269-square-foot, three building, class A property located here, has been purchased for $57 million by California-based Mark IV Capital, Inc.
A partnership between Lowe Enterprises, a leading national real estate investment, development and management firm, and a controlled affiliate of Starwood Capital Group, a leading global private investment firm, sold the property.
Eldorado Ridge is located along the U.S. 36 Northwest/Boulder corridor at 10901, 11001 and 11101 West 120th Avenue in Broomfield.
Geoff Baukol, Tim Richey, Mike Winn and Chad Flynn of CBRE's Denver office represented the sellers. Chris Phenicie and Blake Harris, also of CBRE's Denver office, retained the office leasing assignment on the property.
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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.
