{"id":1004801439,"date":"2026-06-10T01:53:10","date_gmt":"2026-06-10T09:53:10","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004801439"},"modified":"2026-06-10T01:53:12","modified_gmt":"2026-06-10T09:53:12","slug":"bmc-sells-denver-office-building-for-93m","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/bmc-sells-denver-office-building-for-93m\/","title":{"rendered":"BMC Sells Denver Office Building for $93M"},"content":{"rendered":"\n<p><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a294f798e10f&quot;}\" data-wp-interactive=\"core\/image\" class=\"alignright size-full is-resized wp-lightbox-container\"><img decoding=\"async\" data-attachment-id=\"1004801440\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/bmc-sells-denver-office-building-for-93m\/255-fillmore-street\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/06\/255-Fillmore-Street-e1781084725703.jpg\" data-orig-size=\"409,307\" 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=\"255 Fillmore Street\" data-image-description=\"&lt;p&gt;Image from YM&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;The seven-story building has 10,000 square feet of ground-floor retail space. Image courtesy of Yardi Matrix&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/06\/255-Fillmore-Street-e1781084725703.jpg?w=409\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on-async--click=\"actions.showLightbox\" data-wp-on-async--load=\"callbacks.setButtonStyles\" data-wp-on-async-window--resize=\"callbacks.setButtonStyles\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/06\/255-Fillmore-Street.jpg\" alt=\"Exterior shot of 255 Fillmore, an office building in Denver.\" class=\"wp-image-1004801440\" style=\"width:350px\"\/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\taria-label=\"Enlarge\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on-async--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.imageButtonRight\"\n\t\t\tdata-wp-style--top=\"state.imageButtonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><figcaption class=\"wp-element-caption\">The seven-story building has 10,000 square feet of ground-floor retail space. <em>Image courtesy of Yardi Matrix<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>BMC Investments has sold 255 Fillmore, a 100,000-square-foot office building in Denver, within the Cherry Creek neighborhood. A Dallas-based LLC acquired the asset for $92.5 million, according to <em><a href=\"https:\/\/www.bizjournals.com\/denver\/news\/2026\/06\/09\/cherry-creek-denver-fillmore-building-bmc-sale.html\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Denver Business Journal<\/a><\/em>.<\/p>\n\n\n\n<p>Newmark brokered the deal on behalf of the seller, while Lincoln Property Co. served as investment advisor to the buyer. At the time of the transaction, the property was fully leased to multiple office tenants, such as Crusoe and FrontRange Capital Partners, and three retail tenants.<\/p>\n\n\n\n<p>BMC Investment completed the property in 2024, using funds from a $50.9 million construction note originated by FirstBank in April 2022, Yardi Matrix data shows.<\/p>\n\n\n\n<p>Located at 255 Fillmore St., the building is adjacent to Cherry Creek Shopping Center and has access to Interstate 25. Downtown Denver is within 4 miles, while Denver International Airport is some 20 miles away.<\/p>\n\n\n\n<p>The seven-story features about 90,000 square feet of office space and 10,000 square feet of experiential ground-floor retail space, as well as two levels of below-grade parking.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p><strong>READ ALSO:<\/strong> <a href=\"https:\/\/www.commercialsearch.com\/news\/why-buy-dont-build-is-a-smart-cre-strategy\/\">Why Buy, Don\u2019t Build Is a Smart CRE Strategy<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p>Newmark Executive Vice&nbsp;Chairs Tim Richey and Alex Foshay, along with Co-Head of U.S. Capital Markets Kevin Shannon, brokered the deal on behalf of the seller.<\/p>\n\n\n\n<p>Cherry Creek is the top-performing office submarket in Denver, with class A vacancy rate at 1.3 percent in the first quarter of this year, according to Newmark Research, outperforming broader <a href=\"https:\/\/www.commercialsearch.com\/news\/office-industry-trends\/\">office space trends<\/a> across many U.S. cities. The neighborhood also commanded the highest asking rates in the metro during the same period, clocking in at $72.5 per square foot.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-denver-office-prices-remain-below-national-average\">Denver office prices remain below national average<\/h2>\n\n\n\n<p>Denver\u2019s office investment volume clocked in at $333 million year-to-date as of April, according to a <a href=\"https:\/\/www.commercialsearch.com\/news\/ai-driven-workforce-shifts-reshape-office-demand\/\">Yardi Matrix office report<\/a>. Assets in the market traded for $86 per square foot, well below the $214 national average. This figure was also below other western metros, including Phoenix ($168 per square foot) and San Diego ($206 per square foot).<\/p>\n\n\n\n<p>Back in January, <a href=\"https:\/\/www.commercialsearch.com\/news\/denver-office-market-update\/\">CP Group acquired Denver Place<\/a>, an 891,505-square-foot office building within the central business district. LBA Realty sold the asset for $47.5 million or about $53 per square foot\u2014well below the market\u2019s average.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The property came online in 2024.<\/p>\n","protected":false},"author":3355,"featured_media":1004801440,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1587,21783,21742,21747,15],"tags":[32838,50999],"class_list":["post-1004801439","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-denver","category-investment","category-latest","category-office","category-west","tag-lincoln-property-company","tag-newmark"],"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>BMC Sells Denver Office Building for $93M - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"BMC Investments sold 255 Fillmore, a 100,000-square-foot office building in Denver, within the Cherry Creek neighborhood, for $92.5 million.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/bmc-sells-denver-office-building-for-93m\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BMC Sells Denver Office Building for $93M\" \/>\n<meta property=\"og:description\" content=\"BMC Investments sold 255 Fillmore, a 100,000-square-foot office building in Denver, within the Cherry Creek neighborhood, for $92.5 million.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/bmc-sells-denver-office-building-for-93m\/\" \/>\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=\"2026-06-10T09:53:10+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-06-10T09:53:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/06\/255-Fillmore-Street-e1781084725703.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"409\" \/>\n\t<meta property=\"og:image:height\" content=\"307\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Vicentiu Fusea\" \/>\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\/bmc-sells-denver-office-building-for-93m\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/bmc-sells-denver-office-building-for-93m\/\",\"name\":\"BMC Sells Denver Office Building for $93M - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/bmc-sells-denver-office-building-for-93m\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/bmc-sells-denver-office-building-for-93m\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/06\/255-Fillmore-Street-e1781084725703.jpg\",\"datePublished\":\"2026-06-10T09:53:10+00:00\",\"dateModified\":\"2026-06-10T09:53:12+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/6f90c90d1e85956f06679ddabc844412\"},\"description\":\"BMC Investments sold 255 Fillmore, a 100,000-square-foot office building in Denver, within the Cherry Creek neighborhood, for $92.5 million.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/bmc-sells-denver-office-building-for-93m\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/bmc-sells-denver-office-building-for-93m\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/bmc-sells-denver-office-building-for-93m\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/06\/255-Fillmore-Street-e1781084725703.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/06\/255-Fillmore-Street-e1781084725703.jpg\",\"width\":409,\"height\":307,\"caption\":\"The seven-story building has 10,000 square feet of ground-floor retail space. Image courtesy of Yardi Matrix\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/bmc-sells-denver-office-building-for-93m\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"BMC Sells Denver Office Building for $93M\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/6f90c90d1e85956f06679ddabc844412\",\"name\":\"Vicentiu Fusea\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/ccbed048a87c0b87e81af2c30e2684f6fa8c0d2e617f452b15c76e47efd445f8?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/ccbed048a87c0b87e81af2c30e2684f6fa8c0d2e617f452b15c76e47efd445f8?s=96&d=mm&r=g\",\"caption\":\"Vicentiu Fusea\"},\"description\":\"Vicentiu Fusea is an associate editor with Commercial Property Executive and Multi-Housing News. He has joined the CPE-MHN team in 2023. Vicentiu writes stories mainly focusing on the student housing, office and MOB markets. You can reach out to him at vicentiu.fusea@cpe-mhn.com.\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/vicentiu-fusea\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"BMC Sells Denver Office Building for $93M - Commercial Property Executive","description":"BMC Investments sold 255 Fillmore, a 100,000-square-foot office building in Denver, within the Cherry Creek neighborhood, for $92.5 million.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/bmc-sells-denver-office-building-for-93m\/","og_locale":"en_US","og_type":"article","og_title":"BMC Sells Denver Office Building for $93M","og_description":"BMC Investments sold 255 Fillmore, a 100,000-square-foot office building in Denver, within the Cherry Creek neighborhood, for $92.5 million.","og_url":"https:\/\/www.commercialsearch.com\/news\/bmc-sells-denver-office-building-for-93m\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2026-06-10T09:53:10+00:00","article_modified_time":"2026-06-10T09:53:12+00:00","og_image":[{"width":409,"height":307,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/06\/255-Fillmore-Street-e1781084725703.jpg","type":"image\/jpeg"}],"author":"Vicentiu Fusea","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/bmc-sells-denver-office-building-for-93m\/","url":"https:\/\/www.commercialsearch.com\/news\/bmc-sells-denver-office-building-for-93m\/","name":"BMC Sells Denver Office Building for $93M - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/bmc-sells-denver-office-building-for-93m\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/bmc-sells-denver-office-building-for-93m\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/06\/255-Fillmore-Street-e1781084725703.jpg","datePublished":"2026-06-10T09:53:10+00:00","dateModified":"2026-06-10T09:53:12+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/6f90c90d1e85956f06679ddabc844412"},"description":"BMC Investments sold 255 Fillmore, a 100,000-square-foot office building in Denver, within the Cherry Creek neighborhood, for $92.5 million.","breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/bmc-sells-denver-office-building-for-93m\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/bmc-sells-denver-office-building-for-93m\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/bmc-sells-denver-office-building-for-93m\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/06\/255-Fillmore-Street-e1781084725703.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/06\/255-Fillmore-Street-e1781084725703.jpg","width":409,"height":307,"caption":"The seven-story building has 10,000 square feet of ground-floor retail space. Image courtesy of Yardi Matrix"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/bmc-sells-denver-office-building-for-93m\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"BMC Sells Denver Office Building for $93M"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/6f90c90d1e85956f06679ddabc844412","name":"Vicentiu Fusea","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/ccbed048a87c0b87e81af2c30e2684f6fa8c0d2e617f452b15c76e47efd445f8?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ccbed048a87c0b87e81af2c30e2684f6fa8c0d2e617f452b15c76e47efd445f8?s=96&d=mm&r=g","caption":"Vicentiu Fusea"},"description":"Vicentiu Fusea is an associate editor with Commercial Property Executive and Multi-Housing News. He has joined the CPE-MHN team in 2023. Vicentiu writes stories mainly focusing on the student housing, office and MOB markets. You can reach out to him at vicentiu.fusea@cpe-mhn.com.","url":"https:\/\/www.commercialsearch.com\/news\/author\/vicentiu-fusea\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/06\/255-Fillmore-Street-e1781084725703.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004801439","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/3355"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004801439"}],"version-history":[{"count":4,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004801439\/revisions"}],"predecessor-version":[{"id":1004801470,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004801439\/revisions\/1004801470"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004801440"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004801439"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004801439"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004801439"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}