A joint venture between Rising Realty Partners and BentallGreenOak has purchased the Civic Center Plaza in Denver for $124.6 million. The landmark, class A office building spans 22 stories and totals 598,592 square feet. Located at 1560 Broadway, Civic Center Plaza is adjacent to Denver’s premier transit hub. At closing, the property was 97 percent occupied.
Los Angeles–based Rising manages more than 4 million square feet of commercial office space in the Greater Los Angeles area, and the Denver transaction marks the firm’s acquisition outside of California.
“We’re proud to partner again with BentallGreenOak, one of the world’s finest real estate investors, to plant our flag in Denver and acquire our first asset outside of California,” said Christopher Rising, Co-Founder and CEO of Rising. “We see Denver as a
