HFF announces $70.675M financing of Granite Place at Village Center in Greenwood Village, CO

Eric Tupler

DENVER, CO –-- Holliday Fenoglio Fowler, L.P. (HFF) announces the $70.675 million financing of Granite Place at Village Center, a 10-story, 299,568-square-foot, Class AA office tower in Greenwood Village, Colorado.

The HFF team worked on behalf of the borrower, Crestone Partners, LLC in partnership with an institutional investor, to secure the six-year, fixed-rate, interest-only loan through Principal Real Estate Investors.  Loan proceeds were used to acquire the property. 

Granite Place at Village Center is located at 6165 S. Willow Drive in the southeast submarket of Denver.  The property is visible from Interstate 25, is a five-minute walk to the Village Center light rail station, and is within walking distance of many shopping, dining and residential options. 

 Designed by Open Studio Architecture and completed in 2017, Granite Place at Village Center features a large community area on the ground floor where workers can work and socialize, full height glass providing abundant natural light and mountain views, conference facilities with a boardroom, large training room and pre-function staging area, fitness center and a full service café. 

The state-of-the-art building is fully leased to two companies; Charter Communications, one of the largest private employers in Greenwood Village; and CSG International. 

The HFF debt placement team representing the borrower included senior managing director Eric Tupler.

 For more information on this news release, please contact:

Kristen Murphy

 krmurphy@hfflp.com