Done Deals: HFF closes sale of Church Ranch Office Building II in Westminster, CO

Thursday, December 6, 2018

HFF closes sale of Church Ranch Office Building II in Westminster, CO

DENVER, CO –– Holliday Fenoglio Fowler, L.P. (HFF) announced it has closed the sale of Church Ranch Office Building II, the western regional headquarters of Staples, Inc. in the Denver community of Westminster, Colorado.

The HFF team marketed the property on behalf of a private equity firm based in New York.

The buyer was a local private capital group managed by Basham & Associates, LLC, which is headquartered in Denver, Colorado. The buyer was represented in the acquisition by Brandon Basham of Basham & Associates, LLC.

Jules Sherwood

Completed in 2000 and renovated in 2017, Church Ranch Office Building II contains 63,057 square feet that is fully leased to Staples, Inc. as their western regional headquarters.

Located at 10249 Church Ranch Way, the property is positioned 10 miles northwest of Denver’s central business district in the Northwest office submarket. This location allows easy access to U.S. 36 and Interstate 25, providing access to Boulder, Denver and the greater metro area.

The HFF investment advisory team representing the seller included managing director Jules Sherwood and director Nate Perry.

HFF and its affiliates operate out of 26 offices and are a leading provider of commercial real estate and capital markets services to the global commercial real estate industry.

Nate Perry

HFF, together with its affiliates, offers clients a fully integrated capital markets platform, including debt placement, investment advisory, equity placement, funds marketing, M&A and corporate advisory, loan sales and loan servicing.

HFF, HFF Real Estate Limited, HFF Securities L.P. and HFF Securities Limited are owned by HFF, Inc. (NYSE: HF). For more information, please visit hfflp.com or follow HFF on Twitter @HFF.