That’s a $40 million return on Broad Street’s 2019 investment.
The owner before Broad Street,
Unico bought Pearl East for $85 million in January 2015 from W.W. Reynolds Cos. part of a larger deal in which
Similarly, Broad Street Principal Investments took over the office park as part of a larger portfolio deal involving 27 properties and $710 million.
Beacon has been on a buying streak in the region of late. The investor bought The Circa office building at 1615 Platte St. in Denver late last month for $60 million, according to
The Circa was one of the buildings taken over by Broad Street in its $710 million Unico deal.
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