Local Brokerage Firm Community First represents one of Largest Banks in US on Office Relocation
Denver, CO – Matt Edgar and Chris Riedl of Community First Commercial Real Estate (CFCRE), the Tenant and Buyer Rep company that gives 10% of its commission to its client’s favorite charity, is pleased to announce that it recently helped Commerce Bank (NASDAQ: CBSH) relocate (1.) its Denver office to Seventeenth Street Plaza, located at 1225 17th Street, Denver.
Commerce Bank has 181 locations from Bloomington, IL to Denver, CO. With over 150 years of experience, Commerce Bank serves individuals, families, businesses and communities at the local branch, the ATM, online and through a 24/7 customer service line.
Commerce Bank leased approximately 7,433 SF at Seventeenth Street Plaza. Community First Commercial assisted Commerce Bank on site selection, lease negotiations, real estate strategy, and tenant finish.
Commerce Bank has $25.0 billion in assets, and is the 41st largest bank in the US based on asset size1.
“Commerce Bank is one of the largest, most reputable banks in the US, and we’re very proud to represent them on their Denver office,” said Matt Edgar. “We were able to help Commerce Bank identify a fantastic building and achieve the right economics on the transaction, and EQC was able to attract a large, credit-worthy tenant to the building,” said Chris Riedl.
“We’re excited to call Seventeenth Street Plaza our home base in Denver,” said Darren Lemkau, Colorado market president for Commerce Bank. “This space allows us to build on our success in Denver as we continue to grow and serve more customers throughout the Rocky Mountain Region.”
Community First was proud to donate 10% of their commission to the Colorado Dental Association Foundation on behalf of Commerce Bank.
Owned by Equity Commonwealth (EQC) Seventeenth Street Plaza is located in the heart of Downtown Denver, Colorado, providing easy access for employees located across the Front Range. The building contains common area conference facilities, food, as well as a Commerce Bank ATM. Additionally, the building is walking distance from retail and dining amenities, and public transit (Union Station); critical factors as Denver continues to grow.
Equity Commonwealth (NYSE: EQC) is an internally managed and self-advised real estate investment trust (REIT) with commercial office properties throughout the United States. Equity Commonwealth is based in Chicago, IL.
For more information regarding Commerce Bank, please visit CommerceBank.com
For more information regarding EQC please visit EQCRE.com
- As of September 30. 2017