Helping Finance a $57.3 Million DTC Office Acquisition
Collegiate Peaks Bank is proud to help make meaningful commercial real estate opportunities possible. As recently reported by BusinessDen, Denver-based PaulsCorp has acquired Regency Plaza, a 15-story, 335,000-square-foot office tower in the Denver Tech Center, for $57.3 million. Collegiate Peaks Bank provided a $40 million, six-year loan to finance the acquisition, with an additional $7 million available under the loan agreement. DTC office tower sells to previ…
The transaction marks PaulsCorp’s return to the office market after largely exiting the sector prior to the pandemic—and a return to a property the company previously owned in the mid-1990s. Regency Plaza is currently 83% leased and has added 176,000 square feet of new leases since 2024, positioning the property as an attractive opportunity as PaulsCorp looks for investments where quality and value align. DTC office tower sells to previ… DTC office tower sells to previ…
At Collegiate Peaks Bank, transactions like this reflect the way we approach commercial lending: understanding the opportunity, digging into the details and working alongside experienced clients to find a path forward. We’re proud to provide the local expertise, responsive decision-making and financial resources that help our clients turn opportunities into realities.