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News release

Denver, CO

Hines Secures Key Tenant for Top Floor of 1144 Fifteenth Street

Unicom Capital signs long-term lease for 20,036 SF


DENVER (Nov. 14, 2017) – Hines recently secured a key tenant for the top floor of 1144 Fifteenth, the largest speculative office building built in downtown Denver in more than 30 years. Unicom Capital LLC signed a long-term lease for 20,036 square feet on the 40th floor in the 672,000-square-foot building. JLL brokers Jamie Roupp, Michael Crane and Andy Ross represented owner and developer Hines in the transaction.

Richard Diecidue, CEO of Unicom commented "The Hines project at 1144 Fifteenth impressed us with its innovative forward looking design.  We are strongly optimistic in the future of Colorado and all of America.  We feel this unique building reflects that vision.  We are excited to locate our Denver headquarters at 1144 Fifteenth."   Unicom was represented in the transaction by Scott Mueller, Senior Vice President of Unicom, Phillip Larson, Managing Partner of the law firm of Larson Bushell LLC and Greg Bante, Executive Managing Director of commercial brokerage firm Savills Studley.

"1144 Fifteenth Street is raising the standard for commercial office space in the Denver market," said Jamie Roupp, Senior Vice President at JLL. "It is the fourth-tallest building in Denver, located in a premier location on the boundary of LoDo, with a skyline defining design. Unicom's offices will have unobstructed views of the city and the Front Range from the entire space, as well as two private terraces on the 40th Floor. In addition to the sweeping views and adjacent private terrace, Unicom's Denver trading floor will have 24 foot unobstructed ceiling heights.  It will truly be one of the most extraordinary spaces in the city."

The Class A office building, designed by architect Pickard Chilton and built by Hensel Phelps, is scheduled to deliver in February 2018. Amenities will include a modern, double-height day-lit lobby, an inviting tenant 'living room', a 5,000-square-foot fitness center, floor-to-ceiling windows, outdoor terraces providing city and mountain views, and 10 to 15 foot dropped ceiling heights. The property will also feature a fully enclosed structured parking garage and ground-level restaurant and retail spaces.

Unicom Capital LLC is a privately held investment management firm. The firm has offices in Denver, New York City, Houston and Pittsburgh.

Unicom will move into its new offices in the fourth quarter of 2018. The firm is relocating from its current location in the Republic Plaza building, located at 370 17th Street in Denver.

Additional tenants who have signed leases in 1144 Fifteenth include Gates Corporation, which will occupy 150,000 square feet, Optiv Security Inc., which will occupy 75,000 square feet, and Greenberg Traurig, LLP, which will occupy 30,000 square feet.

For more information on 1144 Fifteenth Street, please visit: www.1144fifteenth.com.

 

About Hines

Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 201 cities in 21 countries. Hines has approximately $100 billion of assets under management, including $54.5 billion for which Hines provides fiduciary investment management services, and $45.5 billion for which Hines provides third-party property-level services. The firm has 113 developments currently underway around the world. Historically, Hines has developed, redeveloped or acquired 1,262 properties, totaling over 414 million square feet. The firm's current property and asset management portfolio includes 529 properties, representing over 213 million square feet. With extensive experience in investments across the risk spectrum and all property types, and a pioneering commitment to sustainability, Hines is one of the largest and most-respected real estate organizations in the world. Visit www.hines.com for more information.

 

About JLL

JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. A Fortune 500 company with annual fee revenue of $5.2 billion and gross revenue of $6.0 billion, JLL has more than 280 corporate offices, operates in more than 80 countries and has a global workforce of more than 60,000. On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 4.0 billion square feet, or 372 million square meters, and completed $138 billion in sales, acquisitions and finance transactions in 2015. Its investment management business, LaSalle Investment Management, has $59.1 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.