Glendale tower sold for $25M

The owner of Mountain Towers in Glendale sold after holding onto the property for 10 years. Photos by George Demopoulos.

The owner of Mountain Towers in Glendale sold after holding onto the property for 10 years. Photos by Burl Rolett.

A piece of Glendale’s skyline has changed hands.

Westside Investment Partners Inc. bought the 19-story Mountain Towers office building at 4100 E. Mississippi Ave. last month for $25.25 million, Arapahoe County records show.

Westside bought Mountain Towers from Washington, D.C.-based Northridge Capital. Northridge has owned the building since 2005, according to county records, when the investment firm bought the property for $23.55 million.

The office building, which bears the sign of the Hyatt Place hotel next-door, was built in 1984 and totals about 209,000 square feet.

The acquisition did not include the Hyatt Place hotel, which is currently owned by Florida-based Island Hospitality Management. Westside Principal Kevin Smith did not respond to phone messages and an email seeking comment on the deal.

The owner of Mountain Towers in Glendale sold after holding onto the property for 10 years. Photos by George Demopoulos.

The owner of Mountain Towers in Glendale sold after holding onto the property for 10 years. Photos by Burl Rolett.

A Greenwood Village real estate investment firm has scooped up a 19-story office tower in Glendale from a Washington, D.C. company that had owned it for 10 years.

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