Colorado Real Estate Journal - February 17, 2016
A trophy office building on the Denver-Boulder corridor sold for $83.5 million, according to public records. Central Park Tower, an 11-story, 297,672-square-foot building at 385 Interlocken Crescent, traded for $280.51 per sf, which is believed to be one of the highest prices, if not the highest price, paid for a office building on the northwest corridor. Franklin Street Properties and Prime West Cos. developed the LEED Gold building in 2010. Occupancy was believed to be in the mid- to high 80s at the time of the sale. Webroot is among major tenants. Records show the buyers were GV 385 Interlocken Owner LLC and GV 385 Interlocken Owner LLC, which list the same address as Chicago-based Walton Street Capital. FSP 385 Interlocken LLC and FSP 385 Interlocken LLC were the sellers. Walton Street Capital is private equity real estate investment company. A representative didn't return a phone call about the transaction, and others involved in the deal declined to comment.