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CapRidge Claims Office Campus in Denver for $71M
Austin, TX-based CapRidge Partners, LLC acquired Westmoor Place 8, 9 and 10, a three-building, Class A office campus totaling 428,029 square feet in Westminster, CO. The property was sold by an unnamed party for $71.1 million.
The assets are located at 11400, 11300 and 11000 Westmoor Circle in Denver’s Northwest submarket, between Denver and Boulder. The office campus is positioned on more than 26 acres along U.S. 36 in a highly-amenitized area that features more than 240 shops and restaurants.
The three- and four-story buildings are 79% leased overall to tenants including, CACI International, Kahuna Ventures, Coalfire Systems and General Dynamics.
HFF’s Mark Katz and Peter Merrion marketed the property on behalf of the seller and procured the buyer.
“Westmoor Place provided the investor with a diverse rent roll, leased to several large tenants with businesses focused in cyber security, health care and engineering,” Merrion said.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Sale/Acquisition