Artis Real Estate Investment Trust Announces Acquisition of Remaining 50% Interest in Two Denver Office Properties

WINNIPEG, March 8, 2018 /CNW/ – Artis Real Estate Investment Trust (TSX: AX.UN) ("Artis" or the "REIT") announced today that it has acquired the remaining 50% interest in 1700 Broadway and Hudson’s Bay Centre, two Class A office buildings located in Denver, Colorado. 1700 Broadway 1700 Broadway is a 22-storey Class A mid-rise office building located at a five-point intersection in the Uptown section of Denver’s central business district. The property totals 394,174 square feet of leasable area and is 85.5% occupied. Artis acquired a 50% joint venture interest in 1700 Broadway on May 22, 2013. The remaining 50% joint venture interest was acquired for US$51.0 million, which is in… Read More

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