TerraCap Management has acquired the Denver Corporate Center I and II for $71.7 million from a joint venture between Bridge Investment Group Partners and DPC Cos. The two-building property totals 381,466 square feet.
The property is located in the Denver Tech Center, and is located by I-25, I-225 and the Belleview Light Rail Station, providing numerous transportation options.
Tim Richey and Charley Will of CBRE represented the sellers, and Citizens Bank provided debt financing for TerraCap.
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Kelsi Maree Borland
Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.
