Colorado treasurer candidate Brian Watson buys building near the Capitol for $17.1 million

Author: Joey Bunch - February 5, 2018 - Updated: February 6, 2018

Brian WatsonNorthstar Commercial Partners Purchases Iconic ‘Offices at The Art’ Building in Denver for $17.1 Million (PRNewsfoto/Northstar Commercial Partners)

Donald Trump could have his winter White House at Mar-a-Lago, and if he’s elected in November, Brian Watson could have a lunch-time state treasurer’s office.

Watson’s Denver-based commercial real estate firm Northstar Commercial Partners announced Friday it bought the Offices at the Art building for $17.1 million. The handsome three-story office building across Broadway from the History Colorado museum is about two blocks south of the Capitol.

Convenient though it might be, Watson’s campaign tells Colorado Politics that the candidate won’t be doing business for Northstar if he’s elected to oversee the state’s bank account.

We’re a bit premature to assume he would, however, given the crowded field of Republicans seeking to follow Walker Stapleton, who is term-limited and running for governor this year.

Watson is one of 10 people running for office, including five other Republicans and, in all, five sitting state legislators — Sen. Kevin Lundberg of Berthoud and Reps.Justin Everett of Littleton, Polly Lawrence or Roxborough Park, Steve Lebsock of Thornton and Dave Young of Greeley, plus Routt County Treasurer Brita Horn.

Watson got out to fast start, reporting about $215,000 in fundraising in his first quarter as a candidate to leave the field. He plans to collect petitions to get on the ballot, Colorado Politics’ Ernest Luning reported.

Watson is proud of his newly acquired jewel near where he his new office will be next year.

“This will be one of the top acquisitions in the Denver market for newer office space and we’re thrilled to be involved, especially with Denver as our hometown,” Watson, Northstar’s chairman and CEO, said a statement announcing the deal.

Northstar has interests in 48 “assets” in 16 States boasting about $1 billion in market value, he notes on his website. Over his 18-year tenure with the company, he has been a part of more than 130 deals.

Joey Bunch

Joey Bunch

Joey Bunch is the senior political correspondent for Colorado Politics. He has a 31-year career in journalism, including the last 15 in Colorado. He was part of the Denver Post team that won the Pulitzer Prize in 2013 and is a two-time Pulitzer finalist. His resume includes covering high school sports, the environment, the casino industry and civil rights in the South, as well as a short stint at CNN.