Saturday, January 06, 2007

EPA Regional HQ in Downtown Denver Sold for $91 Million

CoStar Group - January 4, 2007

Government Properties Trust Inc. (NYSE: GPT) completed its acquisition of the Environmental Protection Agency (EPA) Region 8 Headquarters building in downtown Denver for $91.3 million, or about $331 per square foot, from Opus Northwest Corp. LLC.

The recently constructed, 275,645-square-foot office building is at 1595 Wynkoop St. in the city's Lower Downtown Historic District. The General Services Administration, on behalf of the EPA, executed a 10-year lease for the entire office portion of the nine-story property, which serves as the EPA's regional headquarters.

Approximately 15,000 square feet of street-level retail space is available through David Hicks brokerage. No outside brokers were involved in the direct deal. Sphere: Related Content

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