press release

Chevron Press Release - Chevron Sells Englewood's Plaza Tower One

ENGLEWOOD, Colo., Jan. 16, 1996 -- San Francisco-based Chevron Corporation today announced that it has sold Plaza Tower One, a 22-story building in the southeastern suburbs of Denver, to Property Colorado OBJLW One Corporation. Terms of the transaction were not disclosed.

The company announced in September of 1995 that the multi-tenant office building was for sale, with bids due by Nov. 1, 1995. Chevron's decision to sell Plaza Tower One is part of the company's on-going effort to cut costs and reduce surplus office space.

Updated: January 1996