Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to present the exclusive opportunity to acquire a three-asset portfolio consisting of St. Elmo, Elephant Corral, and 1777 Larimer Condominium Interest (40 parking spaces and retail premises) (“Portfolio” or “Properties”), a portfolio of brick & timber buildings consisting of office, retail, and garage parking ideally located in the heart of Denver’s Lower Downtown (“LoDo”) district.
• The Properties may be acquired as a portfolio, or individually.
• Portfolio RBA: 79,548 SF | 79,628 SF (BOMA)
• % Leased: 56.1% (going to 49.3% with one known vacate)
• WALT (excluding parking): 2.5 years
• Well-positioned, improved vacancies
• Unique mixed-use investment with 13% retail | 87% office tenancy
• Highly visible locations surrounded by a surge of completed and planned public and private investment
• Located within the most active tenant and widely mixed-use submarket (“LoDo”) in the Central Business District
• Walking Distance to Downtown Denver’s best amenities in Union Station, Ball Arena, Coors Field, 16th Street, and more