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165 South Union Boulevard

Taylor Fenn Of Dunton Commercial & Laminar Real Estate Acquires Office Building In Lakewood For $17.3M
SOLDOffice

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

Dunton Commercial
Dunton CommercialBuyer

Union Office Market Snapshot

Boundary boundary · Office · Sale transactions

Loading comparables…

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