Cushman & Wakefield announced the sale of the Wheeler Block Building, a 32,855 square foot office building located at 2150 West 29th Avenue in the Lower Highlands neighborhood of Denver. The 6-story property sold for $7,765,000. The Wheeler Block Building was originally constructed in 1892 and then substantially renovated in 2008.
Jon D. Hendrickson and Aaron D. Johnson, Senior Directors of the Capital Markets Group with Cushman & Wakefield, had the exclusive listing to sell the property on behalf of a Colorado-based private partnership.
“Wheeler Block is an incredibly unique office building located within one of Denver’s strongest urban neighborhoods,” said Hendrickson. “The property benefits from convenient interstate access, great surrounding restaurants and close proximity to everything downtown Denver has to offer. The buyer will be able to add value through leasing and strategic improvements. There will always be a market for the Wheeler Block Building.”