Jul
10
Hines to Manage Denver Trophy Office Asset
ByThe 43-story high-rise was bought by Franklin Street Properties in 2013 for $183 million and is now seeing major improvements.
1999 Broadway, Denver
Denver—Wakefield, Mass.-based Franklin Street Properties recently chose Hines as manager for its 43-story office tower at 1999 Broadway in Denver.
Situated in the city’s Central Business District, the Class A, LEED Silver-certified high-rise is just a 15-minute walk from the Colorado Convention Center. Close to all of downtown’s accommodation and dining options, 1999 Broadway is less than half a mile away from the Denver Pavilions and a short drive from the Cherry Creek Shopping Center.
Completed in 1985, the 680,277-square-foot trophy tower was bought by Franklin Street Properties in 2013 for $183 million. The transaction also included a nine-story parking garage located nearby, at 2099 Welton St. Major improvements are currently underway at 1999 Broadway, the result of which will include a revamped main entry, restored lobby, a 6,000-square-foot tenant collaboration center, new conference facilities, updated training center and fitness center…
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