Northmarq Arranges Sale of Lakefront Office Building in Denver, Colorado

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Northmarq, one of commercial real estate’s leading investment sales brokerage firms, has completed the sale of 6850 West 52nd Avenue in Arvada, Colorado for just over $3.0 million. The 28,492-square-foot Class B, multi-tenant office building was purchased by a Louisiana-based private investor represented by Craig Tomlinson of Northmarq. The seller was an individual investor based in Washington. 

“Multi-tenant office is alive and well in markets like Denver,” said Tomlinson, Senior Director and Partner in Northmarq’s Tulsa, Oklahoma headquarters. “Our client is typical of those who are on a relatively safe strategy to achieve long-term appreciation.” 

The two-story office building was built in 1998 and is situated on 2.6 acres. Building tenants include HomeGuard Services and Venture Financial, among others, and the property was approximately 91 percent leased at the time of sale. The site features convenient access to Interstates 70 and 76, and the property is located less than 10 miles from downtown Denver. 

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About Northmarq:

Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq's solid foundation and entrepreneurial approach have built an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.