A 14-story office tower in the Denver Tech Center has been acquired by Florida-based Accesso Partners for $43 million, according to Denver County public records.
Accesso bought the 273,963-square-foot, Class A office building called Stanford Place 1 last month from Broadreach Capital Partners. The property is located on six acres at 8055 E. Tufts Ave. in Denver.
"We've been tracking opportunities in the Denver Technology Center submarket for the last two years since purchasing 6455 S. Yosemite, also a Class A office tower that has been a strong performer for us," said Ariel Benata, Accesso's managing partner for investments.
"Stanford Place is larger and has the same coveted northeast Tech Center location," he added. "It's a quarter-mile from the convergence of I-25 and I-225 with a nearby light-rail system and offers sweeping views of the mountains. This acquisition should provide Accesso additional economies of scale as the firm expands its holdings in Denver."
Read more at the Denver Business Journal: http://bit.ly/1sr89Qt
