Cash Register Building Sold in Denver
By: Leon Castles
on Wednesday, April 25, 2012
There are many huge property dealings happening in Denver but in one of the biggest property dealings it was announced that Wells Fargo Center also popular known as Cash Register Building has been sold. The Cash Register Building is quite popular in Denver for its iconic curve roof which very much looks like a cash register machine has been sold for $387 million. The building has remained one of the most popular buildings in Denver skyline and the property now belongs to Beacon Capital Partners.
As per the information provided by CoStar Group Inc that provides commercial real estate data, Beacon Capital Partners are Boston based real estate investment trust that will now handle all their work from Denver. They were already looking for better deals that can help them to establish a better place from where they could handle their business and they found this building as the best deal. The company said that Cash Register Building was built in 1983 and renovated in 2002 when it achieved the LEED Gold Status in 2010. The building also holds offices for many other top companies like Bryan Cave LLP, Burleson LLP, Carlson, Hammond and Paddock LLC and various other accounting and energy companies that handle their offices in Denver.