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CIM Group Acquires Two-Building Office Campus in Downtown Denver for $189M

LoDo-Towers-Denver

Located at 1331 and 1401 17th St. in Denver, the two-building campus features 410,000 square feet of office space.

DENVER — Los Angeles-based CIM Group has purchased LoDo Towers, an office campus located in Lower Downtown (LoDo) Denver. According to the Denver Business Journal, Chicago-based Zeller Realty Group sold the property at 1331 17th St. for $103 million and the building at 1401 17th St. for $86 million, or a combined $189 million.

The campus includes a 13-story, 220,000-square-foot building with 17,000-square-foot floorplates, and a 16-story, 190,000-square-foot property with 13,000-square-foot floorplates.

This is CIM Group’s first acquisition in Denver.

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