Article: MONEYGRAM IS EXPANDING $12 MILLION NEW OFFICE DEMONSTRATES INTENTION `TO STAY IN DENVER AREA'.(Business)

Byline: John Rebchook News Real Estate Editor

At a time when many companies in the Denver area are trying to sublease their excess office space, MoneyGram Payment Systems Inc. is building new offices in Lakewood to house its fast-growing business.

Opus Northwest LLC plans to begin construction in August on the $12 million, 68,000-square-foot building in Academy Park near South Wadsworth Boulevard and West Hampden Avenue.

The new building will be two blocks from MoneyGram's current 72,000-square-foot office where 500 people work.

MoneyGram is the nation's second-largest money transfer business, second only to Western Union, which also is based in the Denver ...

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