Block 162 totals 596,295 sq. ft of Class A workplace area. Picture courtesy of CommercialEdge
Patrinely Group has signed a 29,867-square-foot long-term lease at Block 162, a 596,295-square-foot Class A workplace constructing in Denver’s central enterprise district. Regulation agency Snell & Wilmer will occupy the constructing’s twenty fifth flooring.
CBRE and Savills represented the tenant, whereas Cushman & Wakefield negotiated on behalf of the owner. Since its opening in 2021, 390,000 sq. ft had been leased at Block 162, which is at the moment 35 p.c vacant.
The property, developed in partnership with USAA Actual Property, has obtained LEED Gold Core and Shell certifications. Its tenant roster consists of Matillion, Moss Adams, in addition to Haynes and Boone. Brownstein Hyatt Farber Schreck is a majority tenant, with a 103,874-square-foot footprint, in keeping with CommercialEdge. Earlier this 12 months, Sherman & Howard added 12,049 sq. ft to its preliminary 60,000-square-foot lease.
Block 162 is a 30-story workplace tower at 675 fifteenth St. The high-rise options 12 passenger elevators, 29,636-square-foot floorplates, 10,000 sq. ft of retail area on the primary flooring and 956 car parking spots, in keeping with the identical supply. The property’s workplace area is unfold throughout flooring 11 by way of 30, and consists of column free design.
The amenity space, positioned on the eleventh flooring, incorporates a health heart with lockers and personal showers, a roof backyard with seating areas and hearth pits, a social lounge, in addition to a 2,800-square-foot convention and assembly space, whereas the constructing’s outside sky terrace presents an out of doors convention area and two hearth pits.
The all-glass tower is near Interstate 25 and to a number of railway and bus stations, 4 miles from Cherry Creek Procuring Middle, 16 miles from Aurora, Colo., 21 miles from Denver Worldwide Airport and inside 28 miles of Boulder, Colo.
CBRE’s Government Vice President Chuck Nixon and Savills’ Chairman Rick Schuham represented the tenant. Cushman & Wakefield’s Vice Chairman Todd Wheeler and Government Managing Director Doug Wulf, with the help of Patrinely Group’s Government Managing Director Dennis Tarro, negotiated on behalf of the owner.
Vital workplace offers in Denver
Earlier this 12 months, Cushman & Wakefield brokered one other notable workplace lease in Denver, when landlord Drawbridge Realty signed a 69,154-square-foot long-term dedication at Greenwood 4, a 100,338-square-foot constructing in Greenwood Village, Colo. The tenant, engineering and structure agency Merrick & Co., inked a 12-year settlement, bringing the property’s occupancy to 97 p.c.
In June, Kaiser Permanente signed a 120,979-square-foot renewal at Greenwood Plaza, an workplace campus in Eaglewood, Colo. The agency has been an anchor tenant at Franklin Road Properties’ two-building asset since 2013.
