Comment on Downtown office tower sells to Dikeou at 80 percent discount

Downtown office tower sells to Dikeou at 80 percent discount

The Hudson’s Bay Centre office tower in downtown Denver has sold to a local buyer for nearly 80 percent less than it fetched a decade ago. Denver-based Dikeou Realty bought the 20-story building at 1600 Stout St. on Monday for $8.95 million, according to public records. That works out to about $52 a square foot for the structure, which CBRE marketing materials described as nearly 172,000 square feet.

 

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