{"id":1004123310,"date":"2015-07-15T04:27:07","date_gmt":"2015-07-15T12:27:07","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=355261"},"modified":"2020-04-22T23:58:23","modified_gmt":"2020-04-23T07:58:23","slug":"lasalle-shops-for-luxury-in-lodo","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/lasalle-shops-for-luxury-in-lodo\/","title":{"rendered":"LaSalle Shops for Luxury in LoDo"},"content":{"rendered":"

By Ioana Neamt, Associate Editor<\/em><\/p>\n

\"16M<\/a><\/p>\n

16M – 1560 Market St.<\/em><\/p>\n<\/div>\n

LaSalle Investment Management<\/a>, a Chicago-based independent subsidiary of JLL<\/a>, has snapped up a prime piece of real estate in Denver\u2019s upscale LoDo neighborhood.<\/p>\n

The company recently announced the purchase of 16M<\/a>, a Class AA mixed-use asset located at 1560 Market St. in Denver\u2019s historic lower downtown submarket. The price tag for the 10-story building has not been disclosed.<\/p>\n

Owned, developed and managed by Integrated Properties<\/a> and designed by San Francisco-based Gensler<\/a>, 16M incorporates 189,284 square feet of office, retail and residential space completed in 2013. The LEED certified building features five stories of high-end office space, ground-level restaurants, and 36 luxury apartments on the four upper floors. Amenities include a rooftop terrace, state-of-the-art fitness center and three levels of underground parking.<\/p>\n

\u201cThe amenity-rich, mixed-use vibrancy that continues to shape the LoDo submarket creates valuable synergy across property types benefitting both investors and users, and we believe the best LoDo assets should outperform the wider market given these unique attributes,\u201d said David Schreiber, managing director at LaSalle, in a statement.<\/p>\n

Notable tenants at 16M include Morgan Stanley\u2019s regional headquarters, D.A. Davidson, The ONE Group, Panera Bread, and will soon feature the first U.S. location of STK Rebel, an upscale steakhouse chain.<\/p>\n

16M marks the third property purchased by LaSalle in Denver\u2019s LoDo area. The company closed on the Millennium Financial Center at 1550 17th<\/sup> St. and the Writer Square shopping mall at 1512 Larimer St. in September 2013.<\/p>\n

Rendering courtesy of 16M Residences<\/a>\u2019 Official Facebook page<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

LaSalle Investment Management has snapped up a prime piece of real estate in Denver’s upscale LoDo neighborhood.<\/p>\n","protected":false},"author":192,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1587,21742],"tags":[],"class_list":["post-1004123310","post","type-post","status-publish","format-standard","hentry","category-denver","category-latest"],"acf":[],"yoast_head":"\nLaSalle Shops for Luxury in LoDo - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/lasalle-shops-for-luxury-in-lodo\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LaSalle Shops for Luxury in LoDo\" \/>\n<meta property=\"og:description\" content=\"LaSalle Investment Management has snapped up a prime piece of real estate in Denver’s upscale LoDo neighborhood.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/lasalle-shops-for-luxury-in-lodo\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2015-07-15T12:27:07+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-04-23T07:58:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/07\/1979548_297752807046114_7020158813301689506_n.jpg\" \/>\n<meta name=\"author\" content=\"Ioana Neamt\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/lasalle-shops-for-luxury-in-lodo\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/lasalle-shops-for-luxury-in-lodo\\\/\"},\"author\":{\"name\":\"Ioana Neamt\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/993af2799cdaf5162633d320cf63ff16\"},\"headline\":\"LaSalle Shops for Luxury in LoDo\",\"datePublished\":\"2015-07-15T12:27:07+00:00\",\"dateModified\":\"2020-04-23T07:58:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/lasalle-shops-for-luxury-in-lodo\\\/\"},\"wordCount\":258,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/lasalle-shops-for-luxury-in-lodo\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/07\\\/1979548_297752807046114_7020158813301689506_n.jpg\",\"articleSection\":[\"Denver\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/lasalle-shops-for-luxury-in-lodo\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/lasalle-shops-for-luxury-in-lodo\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/lasalle-shops-for-luxury-in-lodo\\\/\",\"name\":\"LaSalle Shops for Luxury in LoDo - 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