Real Capital Solutions (RCS), a leading real estate investment firm based out of Louisville, has acquired Belleview Tower, a 12-story, 201,670-square-foot class B+ office building located at 7887 East Belleview Avenue in Denver’s thriving Tech Center (DTC). This $20 million acquisition underscores RCS’s strategy of investing in well-located properties with significant upside potential and was acquired for less than 50% of its 2019 sale price.
“Belleview Tower represents an exceptional opportunity to acquire a premier office property in a high-demand location at a fraction of its previous valuation,” said Marcel Arsenault, chairman, CEO and founder of RCS. “Adding value in this dynamic market requires a strong and experienced team with the capital to address evolving tenant expectations. We have both.”
With immediate access to Belleview Avenue and I-25, the property offers unparalleled connectivity, complemented by walkable access to retail, dining and residential amenities. Recent renovations to the lobby, corridors and amenities have positioned Belleview Tower as a highly desirable address for discerning tenants. Currently 75% leased, the property has consistently outperformed the market, demonstrating its enduring appeal.
“This asset is uniquely poised to attract tenants seeking quality office spaces in today’s competitive market,” added Adam Abeln, chief investment officer of RCS. “Our planned spec suite program will address the growing demand for ready-to-occupy spaces while ensuring the property remains competitive in attracting and retaining high-quality tenants.”
RCS will continue upgrades to the property’s amenity package, including enhancements to the fitness center and common areas, ensuring it remains a top choice for tenants in the DTC. Charley Will with CBRE was the broker for the transaction.
This is RCS’s third acquisition in the Denver area this year. In August, the firm added Metropoint I & II, two class B+ office buildings in the North DTC, through a joint venture with Koelbel and Company and 116 Inverness Drive East, a class B+ multi-tenant office building in Englewood to its portfolio.
RCS’s recent acquisition momentum stems from its nationwide investment strategy, capitalizing on exceptional opportunities to secure distressed loans and real estate at substantial discounts. The company anticipates these real estate macroenvironment conditions will persist through 2027. With its partners and co-investors, RCS anticipates acquiring as much as $1 billion of distressed office loans and real estate across the U.S. in 2025.