January 16, 2018 Comments Off on Hines Divests Gogo Building in Broomfield to Invesco Views: 1142 Colorado, National News, Southwest

Hines Divests Gogo Building in Broomfield to Invesco

Invesco Advisers, Inc. acquired the Gogo Building at Interlocken, an 186,231-square-foot, four-story office building in Broomfield, CO, from Hines Holdings, Inc. for a reported $47.1 million. The 100%-occupied building at 105 Edgeview Dr. is anchored by Gogo, an inflight internet and entertainment provider, which occupies 65% of the space.

The building was constructed in 2012 by Hines as the first phase of it’s EOS at Interlocken office campus development in the Denver-Boulder Corridor. The LEED Platinum certified property including sustainable design elements, like hyper-efficient floor plates, solar panels, 10-foot floor to ceiling windows, 18 vehicle charging stations and a 2,500-square-foot fitness center.

NKF’s Kevin Shannon, Ken White, David Hart, and Laura Stumm represented the seller.

Shannon says “The Gogo Building represented a fantastic opportunity to acquire the newest, highest-quality office asset in Northwest Denver at below replacement cost. In addition, the property includes an adjacent 1.07-acre development parcel.”

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