C-III Acquires Property in Metropolitan of West Denver

C-III Capital Partners, a commercial real estate services and asset management company under the leadership of Andrew L. Farkas, has recently partnered with Cress Capital to acquire Union Towers in Lakewood, Colorado.

Located at 165 South Union Boulevard, Union Towers is a 10-story, 210,000 square-foot office building. It’s also within walking distance from public transit station Federal Center. C-III and Cress Capital finalized this purchase in early December of 2017 for $25 million.

Minutes away from shopping centers and several restaurants, West Denver is expected to see tremendous growth in the near future. This is extremely beneficial for its residents, who have been experiencing increased living costs downtown and longer commutes.

C-III is excited about the potential of this acquisition. A company that already owns properties in major cities in the United States of America, C-III is eager to help communities such as West Denver thrive in every way possible. With over 20 years of experience, this company has a rich history of managing real estate across the country. Aside from owning property globally, C-III also owns properties in major cities such as Dallas, New York, and now Denver.

Andrew L. Farkas is a leader in real estate and finding new opportunities for thriving areas like Lakewood. As the CEO of C-III, Andrew Farkas has made sure that this company advances in the world of commercial and real estate services. His passion for philanthropy and his support of various charities reflects his desire to help various communities reach their full potential.