University Of Colorado Denver Acquires Independence Plaza Office Tower In Denver For $29.75M

The office asset located at 1050 17th Street in Denver, CO has been sold for $29,750,000. The property spans a total area of 567,287 square feet, resulting in a price per square foot of $52. This sale represents a significant transaction in the Denver market.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $29,750,000
• Buyer: University of Colorado Denver
• Seller: Independence Plaza Investment Group
• Date of Sale: 08/14/2026
• Market: Denver, CO
• Square Footage: 567,287
• Price Per Square Foot: $52

The University of Colorado Denver has acquired the Independence Plaza office tower, which was purchased for nearly $28 million less than its 2007 sale price. The transaction occurred approximately $2 million under the previously reported purchase price.