IMA sells its HQ at Union Station (1705 17^th St.) while setting a new record for investment sales in the Denver office market at $600 per square foot. The buyer was GLL Properties which is a U.S. subsidiary of GLL Real Estate Partners Gmbh of Munich, Germany. The newly finished five-story North Wing building sold for $65.5 million and was 87.8% occupied at the time of sale. IMA partnered with Ed Haselden of Haselden Construction and spent $32 million to construct the building. Haselden Construction was the general contractor. GLL also is currently under contract to buy the South Wing building (One Union Station at 16^th and Wynkoop) and is scheduled to close within the next few weeks. Institutional investors are recognizing Union Station micro-market as one of the most desirable in the whole western United States.