Seventeenth Street Plaza sold to HRPT - Denver Business Journal:

uhetemejih.wordpress.com
Newton, Mass.-based HRPT (NYSE: HRP), a real estat e investment trust that owns and operates office and industrial paid cash forthe building. The sale price was not announced. Seventeentjh Street Plaza is located at 122517th St., acrosa from the Tabor Center office, retail and hotel complex. It was developed by what’s now Jones Lang LaSallre Inc. of Chicago, and was completed in 1982. Previousw owners include Equitable Real Estate InvestmentManagemeng Inc. (ERE), part of the Equitable insurance company. Australiahn real estate giant LendLease Ltd. took over the building in the 1990as after itacquired ERE.
JPMorga quietly put the building on the market inearly 2008, asking $385 per square foot, or roughlyu $250 million, brokers said. Brookfield Propertiesa Corp. of New York and Toronto had the buildingt under contract to purchase last summefor $225 million, but the deal was not consummatex because of the debt crisis’ impact on Brookfield’e lender, said real estate brokers knowledgeable abou t the deal. As of October, the buildingf was off the The building, with an attached parkin g structure, is 93 percent leased and includees Ink! Coffee and Heidi’s Brooklyn Deli It is home to the headquarters of Molsonn CoorsBrewing Co.