Downtown Denver Office Towers Command $154M
By
Dominion Towers, Denver
Denver—Franklin Street Properties Corp. has acquired Dominion Towers, two interconnected 19- and 28-story Class A office towers in Denver, for approximately $154 million.
“We are pleased to expand our footprint further in Denver with this off-market acquisition,” Jeffrey Carter, Franklin Street president & CIO, said in a prepared release. “We believe that the acquisition of Dominion Towers will provide additional opportunities for value creation by growing our presence in downtown Denver to almost 2 million rentable square feet.”
Located at 600 17th St., the property consists of approximately 613,527 rentable square feet. It’s situated within one block of light rail access and adjacent to the 16th Street Mall, and provides world-class companies with walkable access to both…
