September 25, 2016
The headquarters of global engineering and construction firm CH2M traded owners for $122 million. Columbia Property Trust Inc. struck a deal with Angelo, Gordon & Co. to sell the 370,485-square-foot office complex in Englewood, CO.
Columbia Property Trust acquired the property at 9191 S. Jamaica St. in 2007, when it was completed as a build-to-suit for CH2M’s world headquarters. The tenant signed a renewal in late 2015 at the campus, effectively extending its lease through September 2032.
The seller also owns a building adjacent to CH2M’s campus, which is currently being marketed for sale. The dispositions are part of the REIT’s plan to disposed of up to $1 billion of non-core assets in 2016.
For comments, questions or concerns, please contact Amy Sorter