Hines Signs 2 New Leases in Denver

The 10-story building features 280,000 square feet of office and 20,000 square feet of retail space.

Denver—Hines, Jordon Perlmutter & Co., and institutional investors advised by JP Morgan Asset Management announced the closing of two new leases at 1601 Wewatta St., located in the Union Station neighborhood of Lower Downtown Denver.

1601 Wewatta St.
1601 Wewatta St. in Denver

Totaling 81,000 square feet, Agility Recovery and an undisclosed Big Four accounting firm will be occupying space in the Class A, 300,000-square-foot office building. With these two leases, the property reaches 76 percent occupancy. The new tenants are joining a roster already including a law firm, an athletic club, a tech security firm, a gastro-pub and a seafood restaurant.

The 10-story building designed by HOK features 280,000 square feet of office and 20,000 square feet of retail space. The property offers 10-foot ceilings, a plaza with access to five outdoor terraces, 381 parking spaces, common area Wi-Fi and floor plans ranging from 29,400 to 38,100 square feet. The property was completed in 2015.

“The Union Station neighborhood continues to attract top companies who value its premier location, services and amenities,” said Jay Perlmutter, principal for Jordon Perlmutter & Co., in prepared remarks. “Both of these tenants will undoubtedly contribute to the continued growth and vibrancy of the area.”

Hines has been active in the Denver market since 1982, owning 1.6 million square feet and managing 3.1 million square feet of office space.

Image courtesy of Hines