Unico unloads two office buildings for $60M

By: Burl Rolett, BusinessDen

Just three weeks after unloading  $79 million of flex space, a Bahrain-based investment firm has put most of that figure back into Denver office real estate.

Investcorp bought the two Centerpoint towers near Colorado Boulevard and Interstate 25 from Unico last week for $62 million. The property includes 373,000 square feet of rentable space, according to Unico’s website.

Using those figures, the building traded for about $165.50 per square foot. The buildings are about 90 percent leased.

The Centerpoint complex, built in the early 1980s, comprises two office towers at 3900 E. Mexico Ave. and 1777 S. Harrison St.

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