Denver UCHealth Buys Offices for $19.4M
What UCHealth Bought at Greenwood Plaza UCHealth acquired Greenwood Plaza, a two-building office portfolio at 6550 and 6560 Greenwood Plaza Blvd. in Greenwood Village, for a reported $19.4 million. The office pair includes One Greenwood Plaza, a three-story building, and Two Greenwood Plaza, a five-story building. Together, the structures contain about 197,000 square feet and sit on more than 8 acres. Asset Scope The acquired portfolio consists entirely of those two office buildings. Reports cited by the Denver Business Journal also placed the transaction at $19.3 million. The complex previously sold in 2005 for $44 million, when Franklin Street Properties Corp. bought it. That earlier price was substantially above UCHealth's current acquisition cost. The property sits at the southeast corner of Greenwood Plaza Boulevard and South Fiddlers Green Circle. Strong demand for commercial properties, including rising activity in industrial markets , has supported broader investment inter...