Denver’s 366K-SF Stanford Place II Goes to Lowe

National real estate investor Lowe acquired 7979 E. Tufts, a 366,184-square-foot office building in southeast Denver. The Southern California buyer acquired the 18-story building, also known as Stanford Place II, from Broadshore Capital Partners LLC, formerly Lowe Enterprises Investors.

Marty Caverly, Alan Chamorro, Mara Fabian and Andy Segal led Lowe’s acquisition team. The seller was represented by Mike Winn and Tim Richey of CBRE.

Lowe is no stranger to the building; Lowe’s Hospitality at Work operated the property on behalf of the former owner since 2014. “During that time, we adapted the building’s shared spaces, as well as its management, to create a carefully crafted environment, based on the input and participation of the building’s tenants,” Caverly said.
Stanford Place II opened in 1982, at the Interstates 25 and 225 interchange, and near the Belleview Light Rail Station.

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