Denver, CO, January, 2019, SVN | Denver Commercial is pleased to announce the sale of a multi-tenant office property located at 18300 71st Ave, Denver, CO 80634. The property sold for $3,800,000. Brokers Cobey Wess, Bill Reilly and Matthew Barragan of SVN | Denver Commercial represented the Seller and Broker Jeff Heine, also of SVN |Denver Commercial, represented the Buyer.
“We were SVN was able to successfully lease and stabilize the building, positioning it for sale as a solid investment opportunity,” said Wess and Reilly, Senior Advisors with SVN.
Jeff Heine whom represented the Buyer, explains “The new owners are really excited about this asset. It’s exactly what they were looking for — a cash-flowing, multi-tenant property in a location expected to have above-average rent growth and upside.”
Founded in 1987, SVN International, based in Boston, MA has over 1,600 advisors in more than 200 offices around the globe. To provide the highest value to its clients, SVN International is the only national firm that implements a broker marketing plan in addition to its investor marketing plan for all listings. SVN International is the only national firm that proactively shares its fee 50/50 with cooperating brokers. Guided by this principal of cooperation, SVN | Denver Commercial has advised clients on billions of dollars in office, multifamily, retail, industrial, hospitality and land transactions.
“We were SVN was able to successfully lease and stabilize the building, positioning it for sale as a solid investment opportunity,” said Wess and Reilly, Senior Advisors with SVN.
Jeff Heine whom represented the Buyer, explains “The new owners are really excited about this asset. It’s exactly what they were looking for — a cash-flowing, multi-tenant property in a location expected to have above-average rent growth and upside.”
Founded in 1987, SVN International, based in Boston, MA has over 1,600 advisors in more than 200 offices around the globe. To provide the highest value to its clients, SVN International is the only national firm that implements a broker marketing plan in addition to its investor marketing plan for all listings. SVN International is the only national firm that proactively shares its fee 50/50 with cooperating brokers. Guided by this principal of cooperation, SVN | Denver Commercial has advised clients on billions of dollars in office, multifamily, retail, industrial, hospitality and land transactions.
