For Immediate Release
CORUM LEASES 26,275 SQ. FT. TO ACS STATE HEALTHCARE IN HISTORIC DENVER CLUB BUILDING
DENVER (May 22, 2007) – Corum Real Estate Group, a Denver-based full-service real estate firm, announced that ACS State Healthcare has leased 26,275 sq. ft. – the entire 4th floor and a substantial portion of the 5th floor – in the historic Denver Club Building, located at 518 17th Street in downtown Denver. Move in is expected in August.
Duncan Heitman of Jones Lang LaSalle represented ACS in the transaction, and Corum’s Cheryl Casserly and Jason Bollhoefner represented building owner Denver Club Building Encore, LLC, in negotiating the five-year lease.
“Leasing momentum continues to build and we’re seeing strong demand for space in this historic landmark building,” said Jason Bollhoefner with Corum Real Estate Group.
Dubbed “Denver’s first Skyscraper” when it was constructed in 1954, the building is owned by Denver Club Building Encore, LLC, which is comprised of Corum Caulkins Denver Club, LLC, and capital partner Diversified Real Estate Capital of Chicago, LLC. Financing for renovations and tenant improvements is being provided by Associated Bank of Milwaukee.
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