Echo Picks Up Discounted Denver MOBs in Lowry Field neighborhood from Healthcare Realty Trust

2/24/2025

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Connect CRE

• Subcategory: Capital Markets: Fund, Medical: Office, Office: Urban

• Tag: Sale

• Additional Filters-Subcategory: Capital Markets: Fund-Value Added, Office: Garden

• Additional Filters-Tags: Sale: Investment, Sale: Single Property

Echo Real Estate acquired a two-building medical office development in the Lowry Field neighborhood of Denver for $8.6 million, less than half of what it sold for a few years ago. Healthcare Realty Trust was the seller. The properties sold for $18.8 million in 2019. Financing for the project was provided by AGP Capital and Aspen Funds.