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Real Capital Solutions and Dunton acquire Denver Tech Center's Terrace Tower

The 12-story, 243,464-square-foot Class A office building traded for an undisclosed price; RCS says its acquisition basis is substantially below estimated cost, per Connect CRE.

At a glance

  1. The 12-story tower is at 5619 DTC Parkway in Greenwood Village, Colo.
  2. The purchase price was not disclosed; RCS says the acquisition basis is substantially below estimated cost, according to Connect CRE.
  3. No comparison figure or discount size was disclosed.

Real Capital Solutions, in partnership with Dunton Commercial, has acquired Terrace Tower, a 243,464-square-foot Class A office building in the Denver Tech Center, Connect CRE reported Oct. 9. The 12-story tower is at 5619 DTC Parkway in Greenwood Village, Colo.

The purchase price was not disclosed; RCS says the acquisition basis is substantially below estimated cost, according to Connect CRE. No comparison figure or discount size was disclosed. As this publication reported in September, 46% of Deloitte survey respondents expected no sales and sellers and buyers have stopped producing public marks.

Reported by the Deals desk from Connect CRE. Published . Corrections

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