TerraCap Management LLC made its second acquisition in the Denver market with the $77.52 million purchase of Centerpoint I & II at Interstate 25 and Colorado Boulevard. The Florida-based real estate investment management firm bought the Class A office towers from Investcorp and Schnitzer West, which renovated the buildings after acquiring them three years ago.…

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ASB Real Estate Investments has acquired a three-building, Class A warehouse portfolio totaling 633,193 square feet in Denver’s Airport submarket for $72 million. The investment was made on behalf of ASB’s Allegiance Real Estate Fund, a $7.5 billion core vehicle. A Blackstone affiliate, Link Properties, was the seller. Fully leased to Subaru of America, Home Depot, and Old West Mattress Company respectively, the three buildings include 22100 E. 26th Ave. (406,959 sf) in Aurora, 9410 Heinz Way (140,630 sf) in Commerce City and 18300 E. 28th Ave. (85,604 sf) in Aurora.

A mission-critical operations center leased to the top oil and gas producer in the Denver-Julesburg Basin sold for $32.5 million, or $282 per square foot. Occidental Petroleum Corp., which recently acquired Anadarko Petroleum Corp., occupies the entire two-story, 114,524-square-foot building, located at 501 N. Division Blvd. in Platteville. Occidental has more than a decade remaining on its lease. Platteville Energy Partners I LLC sold the property. The buyer’s name wasn’t disclosed, but Weld County records list it as CIM OFC Platteville CO LLC, which apparently is affiliated with Phoenix-based CIM Group.

Investcorp and Schnitzer West announced that TerraCap Management, a privately held investment firm with its headquarters in Estero, Florida, has purchased Centerpoint I & II in Denver for $77.5 million. Centerpoint I & II occupy a combined 3.6 acres at the intersection of Colorado Boulevard and Interstate 25, midway between downtown Denver and the Denver Tech Center. Tenants have access to walkable amenities and light-rail. Centerpoint I is a 168,486-square-foot, 14-story office tower and Centerpoint II is a 205,534-sf, 16-story tower. Schnitzer West and Investcorp purchased the adjacent Class-A towers in 2016.

A user paid $16 million for a build-to-suit in Encompass Business Park, where a new speculative industrial building is being delivered and plans for another 171,000 square feet are underway. Rincon Research Corp., a defense contractor, exercised an option to buy the office building it occupies at 7140 S. Potomac St. in the Centennial business…

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A local investment group picked up a value-add office building in Inverness Business Park for $6.5 million. I 23 LLC bought the 56,465-square-foot building at 23 Inverness Way East in Englewood for $115.12 per sf. It was just over 65% occupied at the time of the sale. “This investment group is going to reposition the…

Checkr Inc. signed an 11-year lease for 92,447 square feet of office space at the 18th Street Atrium in Lower Downtown Denver. The San Francisco-based background check company selected Denver for its second headquarters earlier this year and has been operating out of co-working space. The first phase of build-out at the Atrium, located at…