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Ivy Realty Acquires Office Property In Denver For $26.35M

Property Image
SOLD
$26,350,000

Colorado

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Office86,127 SF
Sold 07/13/2023
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Property Image
SOLD

Ivy Realty Acquires Office Property In Denver For $26.35M

2323 Delgany Street Denver, Colorado 80216, USA

See Similar Deals
Office86,127 SF
Sold 07/13/2023
the dealplayerscompscontact
Contact now

Summary

COLORADO
Asset Type:Office
Price Per Square Foot:$305
Total Square Footage:86,127 SF
Transaction Type:Sale

Ivy Realty has acquired Junction 23, an 86,127-square-foot office property in Denver, Colorado. The property, located at 2323 Delgany Street, was sold for a price of $26.35 million. This asset was originally built as an industrial space in 1975 and was later converted into offices in 2019. The transaction reflects a price per square foot of $306.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $26,350,000
  • Square Footage: 86,127
  • Address: 2323 Delgany Street
  • Market: Denver, CO

The buyer in this deal is Ivy Realty, while the seller is EverWest Real Estate Investors. This acquisition marks an important move for Ivy Realty, expanding their portfolio in the office sector. Their representative in this transaction was not disclosed in the provided information.

Players

Ivy Realty
Ivy Realty
BROKERAGE
Ivy Realty
Ivy Realty
BUYER
EverWest Real Estate Investors
EverWest Real Estate Investors
SELLER

Details

SOLD
IMAGE: 07/13/2023 ADDRESS: 2323 Delgany Street MARKET: Denver, CO ASSET TYPE: Office BUYER: Ivy Realty SELLER: EverWest Real Estate Investors SALE PRICE: $26,350,000 SF: 86,127 ~ PPSF: $306 NOTE: Ivy Realty has acquired Junction 23, an 86,127-square-foot office property in Denver, for $26.35 million. The property, located at 2323 Delgany St., was originally built as an industrial space in 1975 and was later converted to offices in 2019.

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