The Denver Tech Center office building slated to house Western Union’s headquarters has sold in a nine-figure deal.
Dallas-based Ramrock Real Estate LLC paid $152 million for One Belleview Station, the 15-story building at 7001 E. Belleview Ave., according to county records.
The seller was Denver-based Prime West, which constructed the building, wrapping up work in early 2017.
The 318,000-square-foot office building is fully leased, according to CBRE. Western Union has signed a lease for 250,000 square feet and will move in later this year. Other tenants include accounting firm Eide Bailly, Janiczek Wealth Management, TD Ameritrade and Ruth’s Chris Steak House.
Mike Winn, Tim Richey, Chad Flynn, Jenny Knowlton and Charley Will of CBRE represented Prime West in the transaction. Scott Caldwell of Lincoln Property Co. represented the buyer, and Lincoln will manage the property.
Earlier this year, Ramrock Real Estate purchased two newly completed office buildings in Dallas that house the headquarters of cooler manufacturer Yeti.
One Belleview Station is part of the master-planned Belleview Station community, which is partially complete. Prime West purchased the land from Glendale-based master planner Front Range Land and Development in May 2015 for $6.29 million, according to records.
Prime West isn’t leaving Belleview Station behind. The company submitted plans to the city earlier this month proposing a 15-story structure a block away.
The sale comes two weeks after another nine-figure office deal just blocks away. Greenwood Village-based KORE Investments paid $115 million for the 12-story Re/Max Plaza building at 5075 S. Syracuse St.