Thursday, May 10, 2007

NBS Real Estate Capital Acquires Yosemite Office Center

Colorado Investor Sells 68,100-SF Bldg. for $130 PSF








NBA Real Estate Capital acquired Yosemite Office Center in Greenwood Village from Kraft Real Estate Investments LLC for $8.95 million, or about $130 per square foot.

Built in 1982, the 68,100-square-foot, Class B office building is within the highly coveted Denver Tech Center.

This is the second acquisition in the Denver Tech Center for NBS Real Estate Capital. In September, it acquired Greenwood Place, a 73,429-square-foot, Class B office building, for $8.5 million.

Dean Corey, Troy Meyer and Suni Devitt of Sperry Van Ness represented Kraft Real Estate Investments LLC. NBS Real Estate Capital was represented in-house.

For further details on the Yosemite Office Center sale, please refer to CoStar COMP #1301002.

For further details on the Greenwood Place sale, please refer to CoStar COMP #1156643.

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