Brookfield and its lender have taken a more than $340 million loss on two downtown Denver office towers.
On Tuesday, the New York-based real estate giant sold 1.28 million square feet of office space within City Center.
Brookfield bought the office space for $400 million in January 2020, just before the onset of the pandemic.
The sale price was $57.4 million, according to public records. That works out to $45 a square foot.
City Center consists of the 29-story office building at 717 17th St., known as Johns Manville Plaza after its anchor tenant, and the 42-story building at 707 17th St.
The sale included only the 22 office floors of 707 17th St., which is the city’s seventh-tallest building. The other 20 floors, home to a Hilton hotel, are under different ownership.
The property was

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