HFF closes the sale of Church Ranch Office Center in Westminster, Colorado
DENVER, CO – July 24, 2017 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the sale of Church Ranch Office Center, a two-building office complex totaling 183,664 square feet in the Denver community of Westminster, Colorado.
HFF marketed the property on behalf of a special servicer and procured the buyer, a large private equity firm based in New York City.
Church Ranch Office Center is situated 10 miles north of Denver’s central business district at 10170 and 10249 Church Ranch Way. The 11.725-acre site is spread across two parcels and is close to U.S. 36 and Interstate 25, providing access to Boulder, Denver and the greater metro area. Completed in 2000 and 2001, Church Ranch consists of Building IV, which is a four-story, multi-tenanted property, and Building II, which is a two-story, single-tenant property. At the time of sale, Church Ranch was 91 percent leased and 57 percent occupied.
The HFF investment sales team representing the seller was led by managing director Jules Sherwood.
Holliday Fenoglio Fowler, L.P., HFF Real Estate Limited (collectively, “HFF”), HFF Securities L.P. and HFF Securities Limited (collectively, “HFFS”) are owned by HFF, Inc. (NYSE: HF). HFF and its affiliates operate out of 24 offices and are a leading provider of commercial real estate and capital markets services to the global commercial real estate industry. HFF, together with its affiliates, offers clients a fully integrated capital markets platform including debt placement, investment sales, equity placement, funds marketing, M&A and corporate advisory, loan sales and loan servicing. For more information please visit hfflp.com or follow HFF on Twitter @HFF.