DENVER—Cresent Real Estate Holdings LLC, says that Johns Manville renewed its lease to remain the building anchor and namesake for Johns Manville Plaza in Downtown Denver. The deal for 118,865 square feet keeps Johns Manville's world headquarters in Downtown Denver for at least another 12 years. The Johns Manville deal helps boost Downtown Denver's claim as the hub of the region. Downtown Denver has approximately 112,000 employees and 65,000 residents live in Denver City Center neighborhoods, according to the Downtown Denver Partnership.

“The decision of Johns Manville to continue to host their world headquarters in Downtown Denver is very significant as it represents the retention of approximately 400 jobs,” said Tami Door, President and CEO of the Downtown Denver Partnership. “As with a growing number of companies, Johns Manville recognizes the benefits of having their headquarters in Downtown Denver. They are an important member of the Downtown business community and their continued tenure is incredibly impactful and positive for our city center.”

Johns Manville conducted a thorough evaluation of economics, employee and business logistics, and explored a number of options before deciding to remain at Johns Manville Plaza, according to president and CEO Mary Rhinehart. “There were several excellent choices in the Denver metro area where we could conduct our headquarters operations,” said Rhinehart. “However, at the end of the day, our current location provided the greatest benefit across all of the factors we considered.