Cress Capital announced the acquisition of The 410, a 24-story office building located in downtown Denver. Situated at 410 17th St., the property underwent a renovation in 2021 and includes approximately 440,000 square feet of office space and a detached eight-story parking structure.
Located within blocks of the Colorado State Capitol, the property features a contemporary lobby and an array of premium amenities, including a state-of-the-art fitness center, conference and training facilities, an outdoor tenant lounge, and the Little Owl Coffee bar.
Cress, in collaboration with Denver-based E2M Ventures, acquired the loan on the property earlier this year and subsequently negotiated a deed-in-lieu of foreclosure with the prior owner.
