QUIVER INVESTMENTS ANNOUNCES THE SALE OF WESTMINSTER OFFICE BUILDING AND VACANT LAND PARCEL
WESTMINSTER, COLORADO (NOVEMBER 12, 2024). Quiver Investments, a leading commercial real estate brokerage firm in Denver, is pleased to announce the successful sale of an office building together with an adjacent development pad in Westminster, Colorado. Quiver Investments represented the seller in the transaction.
The office building is a 54,721 RSF office building which has been very well maintained by the seller over the duration of their ownership, making it one of the more attractive office options along the 120th Avenue corridor. Quiver Investments had been marketing the adjacent 2.5 acre development pad for sale on behalf of a long-time repeat client when the buyer, a nearby owner-user represented by Paul Cattin of Platinum CRE, inquired about the site. Those conversations ultimately expanded into an off-market purchase of both the development pad and the adjacent office building which closed at a purchase price just under $6,000,000.
“We are having a lot more conversations with investors in recent weeks about office opportunities across the front range” said Ben Swanson of Quiver Investments. “This sale demonstrates the enduring need for office space from which we anticipate increasing investor appetite for quality assets such as this going into 2025”.
ABOUT QUIVER INVESTMENTS:
Quiver Investments is a leading commercial real estate brokerage firm, specializing in connecting buyers and sellers to create successful and mutually beneficial transactions. With a strong presence in the Colorado market and a team of dedicated professionals, the firm is committed to providing top-tier service and market expertise to its clients including office, land, retail and industrial asset classes. For more information, please visit www.quiverinvestments.com.
For more information or inquiries, please contact:
QUIVER INVESTMENTS
Ben Swanson, Co-Founder
Phone: 970-218-5219
Email: ben.swanson@quiverinvestments.com
John Witt, Co-Founder
Phone: 303-748-8390
Email: john.witt@quiverinvestments.com