HFF announces $4.725M sale of office asset in southeast suburban Denver, Colorado
Denver, CO – October 11, 2018 – Holliday Fenoglio Fowler, L.P. (HFF) announces the $4.725 million sale of Lincoln Professional Plaza, a 16,670-square-foot office building in the southeast suburb of Lone Tree, Colorado.
The HFF team marketed the property on behalf of the seller, affiliates of Lincoln Tower Dental Group and Tu Dentista, which are also tenants and will lease back their share of the property.
Lincoln Professional Plaza is located at 8683 East Lincoln Avenue in one of the most affluent southeast suburbs of metropolitan Denver. This micro market is experiencing tremendous growth through the addition of numerous new amenities, housing communities, employment hubs and improved accessibility throughout all of Metro Denver with a new light rail stop. The 1.05-acre site is just minutes from Interstate 25 as well as the corporate campus of Charles Schwab that will employ more than 4,000 people and the Sky Ridge Medical Center, which is a Level III Trauma Center and 286-bed regional hospital. The two-story, multi-tenanted property is currently leased to seven tenants, including Lincoln Tower Dental Group and Tu Dentista.
The HFF investment advisory team representing the seller consisted of managing director Jules Sherwood, director Nate Perry and associate Phillip Anderson.
About HFF
HFF and its affiliates operate out of 26 offices and are a leading provider of commercial real estate and capital markets services to the global commercial real estate industry. HFF, together with its affiliates, offers clients a fully integrated capital markets platform, including debt placement, investment advisory, equity placement, funds marketing, M&A and corporate advisory, loan sales and loan servicing. HFF, HFF Real Estate Limited, HFF Securities L.P. and HFF Securities Limited are owned by HFF, Inc. (NYSE: HF). For more information, please visit www.hfflp.com or follow HFF on Twitter @HFF
Contacts:
| Jules Sherwood CO Lic. #EA.100035304 HFF Managing Director (720) 744-2701 jsherwood@hfflp.com
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Nate Perry CO Lic. #FA100065250 HFF Director (303) 515-8017 nperry@hfflp.com
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Kristen Murphy HFF Director, Public Relations (617) 848-1572 krmurphy@hfflp.com
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