KBS recently sold Peakview Tower, a nine-story 264,149-square-foot office tower at 6465 Greenwood Plaza Blvd. in Greenwood Village within Denver’s Southeast market. The property was purchased by a JV led by Vanderbilt Office Properties for $66 million.

Peakview Tower was built in 2001 in Fiddler’s Green Circle. KBS originally acquired Peakview Tower in August 2012, recognizing the strong value potential of the Denver market, according to Gio Cordoves, Western regional president for KBS.

“In acquiring this trophy office property nine years ago, KBS identified a well-located top-quality asset in an emerging market positioned for steady growth in the years to follow. Today, we realized that promise in the sale of Peakview Tower,” says Cordoves.

KBS recently completed a series of capital improvements to the asset, most recently adding a fitness center and a tenant lounge.

“Peakview Tower’s great design, unmatched location and close proximity to everything office tenants in the market desire attracted us to the property,” says Chuck Gillum of Vanderbilt Office Properties. “This acquisition for us is the first of many more to come in the Denver market.”

Mark Katz and Peter Merrion with JLL represented KBS in the sale. Attorneys Bruce Fischer and Howard Chu, and paralegal Amanda Kennedy of Greenberg Traurig’s Orange County office as well as attorney Mark Baker in Greenberg Traurig’s Denver office represented KBS as legal counsel in the acquisition.