One Observatory Park, the 2013-built apartment and retail building on the corner of Evans Avenue and University Boulevard, has reportedly sold for $82.5 million.

According to the Denver Business Journal and the Colorado Real Estate Journal, the 213-unit, 11-story building was purchased by Scottsdale, Arizona-based Wolff Company. The company is a “fully integrated, middle market, real estate private equity firm that was founded in 1949,” according to its official website.

The Denver Business Journal and the Colorado Real Estate Journal have also reported that the $82.5 million price tag is the highest Denver has ever seen for a 50-plus unit apartment complex.

The building was previously owned by Apartment Realty Advisors. Upcoming changes to the building, if any, are unclear at this time.