17th Street office tower bought for $170M

A marquee downtown office tower traded hands last week.

A Goldman Sachs real estate entity bought 1125 17th St. last week for nearly $170 million, according to Denver city real estate records.

It’s the first time the building has sold since late 2006, when Pearlmark (then Transwestern Investment Co.) and Broadreach Capital Partners paid $120 million for the tower.

Last week’s sales price, $169.7 million to be precise, figures to $346 per square foot.

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