{"id":15331,"date":"2018-02-16T07:48:04","date_gmt":"2018-02-16T07:48:04","guid":{"rendered":"https:\/\/www.commercialcafe.com\/blog\/?p=15331"},"modified":"2026-04-07T15:22:39","modified_gmt":"2026-04-07T12:22:39","slug":"northstar-snags-iconic-denver-office-gem-17m","status":"publish","type":"post","link":"https:\/\/www.commercialcafe.com\/blog\/northstar-snags-iconic-denver-office-gem-17m\/","title":{"rendered":"Northstar Snags Iconic Denver Office Gem for $17M"},"content":{"rendered":"

 <\/p>\n

Northstar Commercial Partners, a Colorado-based commercial real estate company, recently purchased the iconic \u2018Offices at the Art<\/a>\u2019 building in the state\u2019s capital city, Denver. The transaction of the 50,752-square-foot Class AA office property closed for a price tag of $17.1 million.<\/p>\n

\"1221

1221 Broadway, Denver (Yardi Matrix)<\/p><\/div>\n

The acquisition was made public last week and marks the firm\u2019s commitment to consolidating its presence on the local market.\u00a0\u201cThis will be one of the top acquisitions in the\u00a0Denver\u00a0market<\/a> for newer office space and we\u2019re thrilled to be involved, especially with\u00a0Denver\u00a0as our hometown,\u201d Brian Watson, chairman & CEO of Northstar, said in a statement.<\/p>\n

The newly purchased building comes along with long-term single-tenant Four Winds Interactive, an industry leader for enterprise communications software. The company, which showed rapid growth, has won several awards and mentions. It was included on Forbes\u2019 list of America\u2019s Most Promising Companies in 2015 and was featured in Colorado Biz\u2019s Top 100 Digital Employers in\u00a0Colorado ranking. All these aspects were strong selling points for the commercial real estate firm in its decision to buy the\u00a0\u2018Offices at the Art\u2018\u00a0building.<\/p>\n

\u201cWe are drawn to the iconic nature of this beautiful building in the Denver Art Museum Complex, its attractiveness as a fully-leased asset for a longer-term hold, and we see additional positive opportunity being the ones to own it locally,\u201d Watson added.<\/p>\n

The\u00a0\u2018Offices at the Art\u2018\u00a0building is one of the newer Class AA office spaces in Denver. Built in 2014, it is renowned for its architectural design, boasting commanding floor-to-ceiling windows. The building is located at\u00a01221 Broadway<\/a>,\u00a0providing easy access to\u00a0Broadway, Speer Boulevard, Interstate 25,\u00a0Cherry Creek, Capitol Hill, and\u00a0Downtown Denver.<\/p>\n

Northstar Commercial Partners, the building\u2019s brand-new owner, was founded by Watson 18 years ago. The company\u2019s focus is on buying vacant or distressed assets and giving them new life. At the same time, it oversees key development projects, such as senior living, healthcare, and large data center facilities for a Fortune 25 company. Northstar\u2019s portfolio currently includes 48 assets in 16 states, totaling approximately 8 million square feet.<\/p>\n","protected":false},"excerpt":{"rendered":"

  Northstar Commercial Partners, a Colorado-based commercial real estate company, recently purchased the iconic \u2018Offices at the Art\u2019 building in the state\u2019s capital city, Denver. The transaction of the 50,752-square-foot Class AA office property closed for a price tag of $17.1 million. The acquisition was made public last week and marks the firm\u2019s commitment to…<\/p>\n","protected":false},"author":60,"featured_media":15408,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false},"categories":[37,38,39],"tags":[],"class_list":["post-15331","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commercial-real-estate-news","category-deals","category-office","wpautop"],"acf":[],"yoast_head":"\nNorthstar Snags Iconic Denver Office Gem for $17M - CommercialCafe<\/title>\n<meta name=\"description\" content=\"Northstar Commercial Partners has acquired a storied Denver office building for $17 million in one of the Mountain West's most active CRE markets.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialcafe.com\/blog\/northstar-snags-iconic-denver-office-gem-17m\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Northstar Snags Iconic Denver Office Gem for $17M\" \/>\n<meta property=\"og:description\" content=\"Northstar Commercial Partners, a Colorado-based commercial real estate company, recently purchased the iconic \u2018Offices at the Art\u2019 building in the state\u2019s capital city, Denver. The transaction of the 50,752-square-foot Class AA office property closed for a price tag of $17.1 million.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialcafe.com\/blog\/northstar-snags-iconic-denver-office-gem-17m\/\" \/>\n<meta property=\"og:site_name\" content=\"CommercialCafe\" \/>\n<meta property=\"article:published_time\" content=\"2018-02-16T07:48:04+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-04-07T12:22:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialcafe.com\/blog\/wp-content\/uploads\/sites\/10\/denver-skyline.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1223\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Teodora Demian\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Teodora Demian\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialcafe.com\/blog\/northstar-snags-iconic-denver-office-gem-17m\/\",\"url\":\"https:\/\/www.commercialcafe.com\/blog\/northstar-snags-iconic-denver-office-gem-17m\/\",\"name\":\"Northstar Snags Iconic Denver Office Gem for $17M - CommercialCafe\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialcafe.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialcafe.com\/blog\/northstar-snags-iconic-denver-office-gem-17m\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialcafe.com\/blog\/northstar-snags-iconic-denver-office-gem-17m\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialcafe.com\/blog\/wp-content\/uploads\/sites\/10\/denver-skyline.jpg\",\"datePublished\":\"2018-02-16T07:48:04+00:00\",\"dateModified\":\"2026-04-07T12:22:39+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialcafe.com\/blog\/#\/schema\/person\/24c4378504211a62fc7c373dc9c75695\"},\"description\":\"Northstar Commercial Partners has acquired a storied Denver office building for $17 million in one of the Mountain West's most active CRE markets.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialcafe.com\/blog\/northstar-snags-iconic-denver-office-gem-17m\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialcafe.com\/blog\/northstar-snags-iconic-denver-office-gem-17m\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialcafe.com\/blog\/northstar-snags-iconic-denver-office-gem-17m\/#primaryimage\",\"url\":\"https:\/\/www.commercialcafe.com\/blog\/wp-content\/uploads\/sites\/10\/denver-skyline.jpg\",\"contentUrl\":\"https:\/\/www.commercialcafe.com\/blog\/wp-content\/uploads\/sites\/10\/denver-skyline.jpg\",\"width\":1920,\"height\":1223},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialcafe.com\/blog\/northstar-snags-iconic-denver-office-gem-17m\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialcafe.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Northstar Snags Iconic Denver Office Gem for $17M\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialcafe.com\/blog\/#website\",\"url\":\"https:\/\/www.commercialcafe.com\/blog\/\",\"name\":\"CommercialCafe\",\"description\":\"Your Commercial Real Estate Blog\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialcafe.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialcafe.com\/blog\/#\/schema\/person\/24c4378504211a62fc7c373dc9c75695\",\"name\":\"Teodora Demian\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialcafe.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/9f07300cc532ae11a401656f1f61c26f213154fa57ecd6ce26a5dffb2f78617a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/9f07300cc532ae11a401656f1f61c26f213154fa57ecd6ce26a5dffb2f78617a?s=96&d=mm&r=g\",\"caption\":\"Teodora Demian\"},\"url\":\"https:\/\/www.commercialcafe.com\/blog\/author\/teodora-demian\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Northstar Snags Iconic Denver Office Gem for $17M - CommercialCafe","description":"Northstar Commercial Partners has acquired a storied Denver office building for $17 million in one of the Mountain West's most active CRE markets.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialcafe.com\/blog\/northstar-snags-iconic-denver-office-gem-17m\/","og_locale":"en_US","og_type":"article","og_title":"Northstar Snags Iconic Denver Office Gem for $17M","og_description":"Northstar Commercial Partners, a Colorado-based commercial real estate company, recently purchased the iconic \u2018Offices at the Art\u2019 building in the state\u2019s capital city, Denver. The transaction of the 50,752-square-foot Class AA office property closed for a price tag of $17.1 million.","og_url":"https:\/\/www.commercialcafe.com\/blog\/northstar-snags-iconic-denver-office-gem-17m\/","og_site_name":"CommercialCafe","article_published_time":"2018-02-16T07:48:04+00:00","article_modified_time":"2026-04-07T12:22:39+00:00","og_image":[{"width":1920,"height":1223,"url":"https:\/\/www.commercialcafe.com\/blog\/wp-content\/uploads\/sites\/10\/denver-skyline.jpg","type":"image\/jpeg"}],"author":"Teodora Demian","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Teodora Demian","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialcafe.com\/blog\/northstar-snags-iconic-denver-office-gem-17m\/","url":"https:\/\/www.commercialcafe.com\/blog\/northstar-snags-iconic-denver-office-gem-17m\/","name":"Northstar Snags Iconic Denver Office Gem for $17M - CommercialCafe","isPartOf":{"@id":"https:\/\/www.commercialcafe.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialcafe.com\/blog\/northstar-snags-iconic-denver-office-gem-17m\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialcafe.com\/blog\/northstar-snags-iconic-denver-office-gem-17m\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialcafe.com\/blog\/wp-content\/uploads\/sites\/10\/denver-skyline.jpg","datePublished":"2018-02-16T07:48:04+00:00","dateModified":"2026-04-07T12:22:39+00:00","author":{"@id":"https:\/\/www.commercialcafe.com\/blog\/#\/schema\/person\/24c4378504211a62fc7c373dc9c75695"},"description":"Northstar Commercial Partners has acquired a storied Denver office building for $17 million in one of the Mountain West's most active CRE markets.","breadcrumb":{"@id":"https:\/\/www.commercialcafe.com\/blog\/northstar-snags-iconic-denver-office-gem-17m\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialcafe.com\/blog\/northstar-snags-iconic-denver-office-gem-17m\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialcafe.com\/blog\/northstar-snags-iconic-denver-office-gem-17m\/#primaryimage","url":"https:\/\/www.commercialcafe.com\/blog\/wp-content\/uploads\/sites\/10\/denver-skyline.jpg","contentUrl":"https:\/\/www.commercialcafe.com\/blog\/wp-content\/uploads\/sites\/10\/denver-skyline.jpg","width":1920,"height":1223},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialcafe.com\/blog\/northstar-snags-iconic-denver-office-gem-17m\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialcafe.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Northstar Snags Iconic Denver Office Gem for $17M"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialcafe.com\/blog\/#website","url":"https:\/\/www.commercialcafe.com\/blog\/","name":"CommercialCafe","description":"Your Commercial Real Estate Blog","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialcafe.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialcafe.com\/blog\/#\/schema\/person\/24c4378504211a62fc7c373dc9c75695","name":"Teodora Demian","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialcafe.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/9f07300cc532ae11a401656f1f61c26f213154fa57ecd6ce26a5dffb2f78617a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/9f07300cc532ae11a401656f1f61c26f213154fa57ecd6ce26a5dffb2f78617a?s=96&d=mm&r=g","caption":"Teodora Demian"},"url":"https:\/\/www.commercialcafe.com\/blog\/author\/teodora-demian\/"}]}},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/www.commercialcafe.com\/blog\/wp-content\/uploads\/sites\/10\/denver-skyline.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialcafe.com\/blog\/wp-json\/wp\/v2\/posts\/15331","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialcafe.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialcafe.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialcafe.com\/blog\/wp-json\/wp\/v2\/users\/60"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialcafe.com\/blog\/wp-json\/wp\/v2\/comments?post=15331"}],"version-history":[{"count":10,"href":"https:\/\/www.commercialcafe.com\/blog\/wp-json\/wp\/v2\/posts\/15331\/revisions"}],"predecessor-version":[{"id":15439,"href":"https:\/\/www.commercialcafe.com\/blog\/wp-json\/wp\/v2\/posts\/15331\/revisions\/15439"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialcafe.com\/blog\/wp-json\/wp\/v2\/media\/15408"}],"wp:attachment":[{"href":"https:\/\/www.commercialcafe.com\/blog\/wp-json\/wp\/v2\/media?parent=15331"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialcafe.com\/blog\/wp-json\/wp\/v2\/categories?post=15331"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialcafe.com\/blog\/wp-json\/wp\/v2\/tags?post=15331"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}