Holliday Fenoglio Fowler has arranged $220 million in financing for 1144 15th Street, a 673,852-square-foot, trophy class AA office building in Denver, Colo.
The HFF team worked on behalf of the borrower, Hines and their equity partner, to secure a 17-year, fixed-rate permanent loan through a national life insurance company. HFF arranged construction financing for the project on behalf of Hines in 2015.
Completed in 2018, the 40-story core office tower comprises 673,852 square feet with 5,770 square feet of ground level retail and 13 stories of parking for a total of 858 parking spaces. The property represents the first high-rise office development in more than 30 years in Denver and has transformed the Denver skyline. Tenants at the stabilized property include Gates Industrial Corporation, Optiv Security
