Manulife Investment Management has acquired TriVista on Speer, a multifamily property in Denver for $144.5 million on behalf of a third-party managed account.
TriVista on Speer is a recently completed class A, 322-unit, seven-story multifamily property located at 1350 Speer Blvd. in the premier Golden Triangle neighborhood of Denver. The building features large floorplans with average unit sizes of 985 square feet, which includes an attractive mix of one studio unit, 179 one-bedroom units, 94 two-bedroom units, and four three-bedroom units. The 317,015-square-foot property also offers high-end amenities catering to the demands of the young working professional such as a rooftop lounge, pool deck, conference rooms and multi-floor fitness center. It is currently more than 90 percent occupied.
The property is strategically positioned within the Golden Triangle, one of downtown Denver's most vibrant neighborhoods that is an ideal live-work-play environment. Residents of th
