{"id":1004673045,"date":"2023-07-20T06:36:12","date_gmt":"2023-07-20T14:36:12","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004673045"},"modified":"2023-07-20T06:36:14","modified_gmt":"2023-07-20T14:36:14","slug":"certus-buys-120-ksf-office-building-in-denver","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/certus-buys-120-ksf-office-building-in-denver\/","title":{"rendered":"Certus Buys 120 KSF Office Building in Denver"},"content":{"rendered":"<div id=\"attachment_1004673058\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/Pyramid-Pointe-e1689858911965.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004673058\" data-attachment-id=\"1004673058\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/certus-buys-120-ksf-office-building-in-denver\/pyramid-pointe\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/Pyramid-Pointe-e1689858911965.jpg\" data-orig-size=\"1335,1001\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Pyramid Pointe\" data-image-description=\"&lt;p&gt;Pyramid Pointe. Image courtesy of Cushman &#038; Wakefield&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Pyramid Pointe. Image courtesy of Cushman &#038; Wakefield&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/Pyramid-Pointe-e1689858911965.jpg?w=1024\" class=\"wp-image-1004673058 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/Pyramid-Pointe-e1689858911965.jpg?w=300\" alt=\"Pyramid Pointe. Image courtesy of Cushman &amp; Wakefield\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/Pyramid-Pointe-e1689858911965.jpg 1335w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/Pyramid-Pointe-e1689858911965.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/Pyramid-Pointe-e1689858911965.jpg?resize=768,576 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/Pyramid-Pointe-e1689858911965.jpg?resize=1024,768 1024w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004673058\" class=\"wp-caption-text\">Pyramid Pointe. <em>Image courtesy of Cushman &amp; Wakefield<\/em><\/p><\/div>\n<p><strong>Certus<\/strong> has purchased Pyramid Pointe, a 120,449-square-foot <a href=\"https:\/\/www.commercialsearch.com\/news\/where-does-office-investment-lie-in-2023\/\">office building<\/a> in Englewood, Colo. <strong>Graham Street Realty<\/strong> sold the multi-tenant asset for $9.9 million, according to public records. The same sources show that <strong>Adams Bank &amp; Trust<\/strong> provided a $7.5 million acquisition loan. <strong>Cushman &amp; Wakefield<\/strong> represented the seller.<\/p>\n<p>Pyramid Pointe previously traded back in 2017, when Graham Street acquired it in a portfolio transaction from Westcore Properties, according to CommercialEdge data.<\/p>\n<p>Completed in 1995, the two-story building was renovated in 2016 and 2020. Featuring a fitness center, three passenger elevators, controlled access and some 580 parking spaces, the property was 78 percent leased at the time of sale. Tenants include Envision Mechanical Engineers, Golden Triangle Construction, Lode Data Corp., Eventus Solutions and DaVita.<\/p>\n<p>Located at 9777 Pyramid Court in the Meridian submarket, the office building is near the intersection of Interstate 25 and State Road 470, which provide direct access to downtown Denver. The location is less than 2 miles from a nearly <a href=\"https:\/\/www.commercialsearch.com\/news\/kiewit-sells-denver-office-campus-for-205m\/\">400,000-square-foot Class A office campus<\/a> that changed hands this month for more than $205 million.<\/p>\n<p>Cushman &amp; Wakefield\u2019s Executive Director Aaron Johnson and Managing Director Jon Hendrickson worked on behalf of Graham Street.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cushman &#038; Wakefield brokered the transaction on behalf of the seller.<\/p>\n","protected":false},"author":3014,"featured_media":1004673058,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1587,21783,21747,15],"tags":[37007,32799,34716],"class_list":["post-1004673045","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-denver","category-investment","category-office","category-west","tag-aaron-johnson","tag-cushman-wakefield","tag-graham-street-realty"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Certus Buys 120 KSF Office Building in Denver - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"Certus has purchased a 120,449-square-foot office building in Englewood, Colo. 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Graham Street Realty sold the asset for $9.9 million.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/certus-buys-120-ksf-office-building-in-denver\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-20T14:36:12+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-20T14:36:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/Pyramid-Pointe-e1689858911965.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1335\" \/>\n\t<meta property=\"og:image:height\" content=\"1001\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Diana Firtea\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/certus-buys-120-ksf-office-building-in-denver\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/certus-buys-120-ksf-office-building-in-denver\/\",\"name\":\"Certus Buys 120 KSF Office Building in Denver - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/certus-buys-120-ksf-office-building-in-denver\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/certus-buys-120-ksf-office-building-in-denver\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/Pyramid-Pointe-e1689858911965.jpg\",\"datePublished\":\"2023-07-20T14:36:12+00:00\",\"dateModified\":\"2023-07-20T14:36:14+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/a0c04b9de1387474e28c9ebdb0444e59\"},\"description\":\"Certus has purchased a 120,449-square-foot office building in Englewood, Colo. 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