Staples Sells Corporate Office Building in Denver

Elevations Credit Union paid $16.5 million to acquire the property, which is part of the Interlocken Business Park in Broomfield, Colo.

1 Environmental Way in Broomfield, Colorado
1 Environmental Way in Broomfield, Colo.

Staples, an office-supply chain, has sold its corporate office building and 17.6 acres in Broomfield, Colo. Elevations Credit Union acquired the property for $16.5 million and plans to open a new branch in Broomfield this year.

Located at 1 Environmental Way in Interlocken Business Park, the 149,038-square-foot Class A office building offers easy access to Denver-Boulder Turnpike. The four-story property is also in close proximity to the TownePlace Suites by Marriott and multiple dining options, including McDonald’s and Subway. The facility offers more than 650 parking spaces.  

According to the BizWest, Staples will relocate to a nearby facility in Westminster, Colo. The company will not cut any jobs because of the move.

Image courtesy of Yardi Matrix