DENVER-HFF announced today that it has closed the sale of Denver City Center, a two-building, class A office property totaling approximately 1.3 million square feet in downtown Denver.
HFF marketed the property exclusively on behalf of the seller, Crescent Real Estate Holdings LLC. Shorenstein purchased the asset.
The two buildings are located at 707 and 717 17th Street and together occupy an entire city block between Stout and California Streets in Denver's Financial District. Completed in 1981, the 42-story 707 17th Street building is leased to tenants such as Jacobs Engineering and Forest Oil Corporation. The 29-story 717 17th Street building, also known as Johns Manville Plaza, was completed in 1978 and is leased to tenants including Johns Manville, Baker Hughes and AECOM.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
