Denver Business Journal — Denver Financial Center at 1775 Sherman St. sold for $95.25 million, according to Denver County public records.
It sold from U.S. Premier Office Equities LP, affiliated with USAA Real Estate Co. of San Antonio, Texas, to TR Denver Financial Center LLC, registered to the same address as Chicago-based Lincoln Property Company. LPC provides multiple real estate services, including leasing, property management, advisory and development services.
Neither company responded to requests for comment in time for publication, but CBRE confirmed that it brokered the deal
The Denver Financial Center includes 436,000 square feet of space in a 31-story high-rise and a smaller, adjacent low-rise building. It last sold in 2008 for $84 million.
According to its website, LPC has 17 properties in the metro area, including the Colorado Center, Union Tower in Lakewood, and 6200 S. Quebec St.
Read more at the Denver Business Journal: https://bit.ly/2OzZxXy
