UCHealth Acquires Office Portfolio In Greenwood Village For $19.3 Million From Franklin Street Properties Corp

The property asset involved in this transaction is an office facility located at 6550 Greenwood Plaza Boulevard in Greenwood Village, Colorado. The sale involved a total price of $19,300,000 for the acquisition of the office portfolio, which includes two buildings covering approximately 197,000 square feet situated on more than 8 acres.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $19,300,000
• Buyer: UCHealth
• Seller: Franklin Street Properties Corp.
• Address: 6550 Greenwood Plaza Boulevard
• Market: Greenwood Village, CO
• Square Footage: 197,000
• Price Per Square Foot: $98
• Acres: 8

UCHealth plans to consolidate its administrative operations at the newly acquired campus over the next two years, as part of its strategy to continue expanding its real estate footprint in Colorado. Franklin Street Properties Corp. facilitated this transaction, transferring ownership of the properties to UCHealth.