The Denver Business Journal - December 1, 2003
L & J Schmier Management and Investment Co., a private investment firm with offices in Florida and Michigan, has purchased ParkRidge Six, a 161,218 square-foot office building in southeast suburban Denver for $29.5 million. The building, at 10350 Park Meadows Drive in the ParkRidge Corporate Center, is leased on a long term basis to Aurora Loan Services Inc. (ALS), a subsidiary of Lehman Brothers.
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The building was originally built as by the Patrinely Group LLC in 2001 as a build-to-suit for financial management firm American Century. Earlier this fall American Century entered into a long-term lease with ALS. This acquisition is L & J Schmier's first in metro Denver. Crimson Financial represented the seller, ParkRidge Six LLC, a subsidiary of Patrinely Group and Apollo Real Estate Advisors LP.
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Thursday, December 11, 2003
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