Arrow Electronics Headquarters at DTC Sells for $106 Million – BizWest

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This story first appeared on BusinessDen.com, a press partner of BizWest.

Arrow Electronics has a new owner for part of its headquarters at the Denver Tech Center.

The Fortune 500 company’s centennial-based building at 9151 E. Panorama Circle — one of the company’s three leases in the Denver Tech Center — sold earlier this week for $106 million, according to public records. .

San Francisco-based Drawbridge Realty purchased the eight-story building from DCS Owner LLC, which purchased it in October 2017 for $87 million, records show. This is around the time the structure was completed.

The building is approximately 223,177 square feet, which means the latest sale is around $475 per square foot. The property is technically in an unincorporated part of Arapahoe County, although it is surrounded by the town of Centennial.

Arrow leases another office building literally across the street at 9201 E. Dry Creek Road, which is also part of its headquarters. The company’s third local office is about a mile and a half away at 181 Inverness Drive West.

Arrow moved its headquarters from New York to DTC in 2011, although the company already had a significant presence in the region before the change.

According to the company’s website, Drawbridge’s holdings also include the Greenwood Corporate Plaza buildings at 5970 Greenwood Plaza Blvd. and 8051 E. Maplewood Ave. in Greenwood Village.

This story first appeared on BusinessDen.com, a press partner of BizWest.

Arrow Electronics has a new owner for part of its headquarters at the Denver Tech Center.

The Fortune 500 company’s centennial-based building at 9151 E. Panorama Circle — one of the company’s three leases in the Denver Tech Center — sold earlier this week for $106 million, according to public records. .

San Francisco-based Drawbridge Realty purchased the eight-story building from DCS Owner LLC, which purchased it in October 2017 for $87 million, records show. This is around the time the structure was completed.

The building is approximately 223,177 square feet, which means the latest sale is around $475 per square foot. The property is technically in an unincorporated part of Arapahoe County, although it is surrounded by the town of Centennial.

Arrow leases another office building literally across the street at 9201 E. Dry Creek Road, which is also part of its headquarters. The company’s third local office is about a mile and a half away at 181 Inverness Drive West.

Arrow moved its headquarters from New York to DTC in 2011, although the company already had a significant presence in the region before the change.

According to the company’s website, Drawbridge’s holdings also include the Greenwood Corporate Plaza buildings at 5970 Greenwood Plaza Blvd. and 8051 E. Maplewood Ave. in Greenwood Village.