Taylor Fenn Of Dunton Commercial & Laminar Real Estate Acquires Office Building In Lakewood For $17.3M
165 South Union Boulevard
$17,300,000
Building Size
—
Asset Type
Office
Closing
Jun 15, 2026
AI
The asset involved in the transaction is an office building located at 165 South Union Boulevard in Lakewood, CO. It represents a 14-story office tower with a current leasing status of 73%. The sale was completed for a total price of $17,300,000, which reflects a 32% decrease from its price in 2017.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $17,300,000
- Address: 165 South Union Boulevard
- Market: Lakewood, CO
- Leasing Status: 73% leased
- Previous Price Comparison: 32% below 2017 price
The buyer of the property is Taylor Fenn, who is associated with both Dunton Commercial and Laminar Real Estate. The collaboration of these entities facilitated the acquisition of the Union Tower in Lakewood.
Players
Union Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.92%
Cash-on-Cash
-0.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93