Unico Properties has sold Hardware Block, a 54,125-square-foot, boutique office building in Denver’s Lower Downtown (LoDo) District, for $25.8 million. The buyer is Asana Partners.
Originally built in 1895, Hardware Block is a brick and timber building offering four stories of creative office space with exposed timber beams, 12- to 16-foot ceiling heights and operable windows to maximize natural light and fresh air. In addition, the property has an elevator-served subterranean parking garage, which is a unique feature for buildings of this vintage. Hardware Blocks is fully leased to two tenants.
Hardware Block is positioned at 1515–1527 Wazee in LoDo, the submarket that has maintained the highest levels of leasing activity in Denver’s CBD. LoDo is anchored by Denver’s Union Station and provides a wide variety of restaurants, boutique hotels and residential developments alongside marquee destinations such as Coors Field, Dairy Block and Market Station.
"H
