621 & 633 17th St 2024

621 & 633 17th Street (the “Property”) is a dynamic project offering maximum optionality to investors. The total Property includes two office buildings totaling 973,000 square feet, one of which is an ideal candidate for a multifamily or hotel conversion. Additionally, the project includes a structured 391 stall parking garage. The Property’s front door at the prominent 17th & California intersection features a transformative Plaza renovation that creates a highly differentiated and welcoming first impression. Additional capital improvements have been executed at 633 17th Street, which primes this building to capitalize on the increasing leasing velocity in Denver’s CBD. At 621 17th Street, a programmatic de-leasing plan has nearly emptied the entire building, making the asset an ideal target for residential or hospitality conversion or redevelopment. The historically low acquisition basis and high levels of optionality with the business plan allow the Investor maximum flexibility, in a highly centralized location in Denver’s CBD.