Centennial office tower sells for $66M

Peakview Tower is near Fiddler’s Green

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A nine-story office tower in Centennial near Fiddler’s Green Amphitheatre has been sold for $66 million, the parties to the transaction announced.

A joint venture led by Chicago-based Vanderbilt Office Properties acquired Peakview Tower from Newport Beach, California-based commercial real estate firm KBS Real Estate Advisors, an Aug. 6 announcement said.

The building, at 264,149 square feet, was acquired by KBS in 2012 for $54 million, and since then a fitness center and tenant lounge have been added, Denver Business Journal reports.

Peakview Tower, at 6465 Greenwood Plaza Blvd., was originally built in 2001. It is just inside Centennial’s city limits and immediately west of Fiddler’s Green, a large outdoor concert venue.

Current tenants of the tower include IQNavigator, Delta Dental and EMS Software.

“Peakview Tower’s great design, unmatched location and close proximity to everything office tenants in the market desire attracted us to the property,” Chuck Gillum of Vanderbilt Office Properties said in a statement. “This acquisition for us is the first of many more to come in the Denver market.”

CORRECTION: KBS was misidentified in a paragraph in an earlier version of this story.

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