Griffis Residential Picks Up $115 Million Denver-Area Apartments

Griffis Residential purchased the Peakview Apartments, located in the heart of the Denver Tech Center, for $115 million. The luxury community totals four stories and 304 units within the community of Centennial, Colorado and minutes from light rail, offering quick access to Denver’s central business district.

The seller was EverWest Real Estate Investors. “As an active buyer and seller ourselves, EverWest will redeploy a portion of the proceeds from this sale into a soon-to-be-completed luxury apartment community in Denver,” said EverWest’s Krystal Arceneaux.

Amenities include a pool, rooftop deck, fitness center, bicycle storage and repair facilities. Parking is provided in a structured, controlled-access deck. The multifamily development was completed in 2015 and since then has maintained strong occupancy.

Denver Tech Center is located 12 miles south of downtown Denver and includes more than 25 million square feet of office space, hotels, shopping, dining and entertainment venues, including the Fiddler’s Green Amphitheatre.