Saturday, June 9, 2012

Hines closes sale of Mountain View Corporate Center in Denver suburb

                             
                               
 DALLAS, TX – HFF announced that it has closed the sale of Mountain View Corporate Center (top left photo), a four-building, 461,438-square-foot, Class A office development in Broomfield, Colorado.

HFF, along with Newmark Knight Frank Capital Group, marketed the properties on behalf of the seller, Hines U.S. Office Value Added Fund.  Westfield Capital Partners purchased the property free and clear of debt.

Acquired by Hines in 2006, the building has been maintained to the highest institutional standards with two of the four buildings achieving LEED Silver certification. 

The property is 92 percent leased to tenants such as Time Warner Cable, TransFirst and White Wave Foods.  Situated on approximately 27 acres of land, the property is located on Airport Way next to Rocky Mountain Metropolitan Airport northwest of downtown Denver.


Contacts:               

ANDREW S. LEVY                                                         
HFF Senior Managing Director                                         
(214) 265-0880                                                                                                    
alevy@hfflp.com                                                               

MYRA F. MOREN
HFF Director, Marketing
(713) 852-3500

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