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Changing Face of Denver’s Commercial Real Estate

Changing Face of Denver’s Commercial Real Estate

Are you looking for space for your company? Whether you’re a tech startup, e-commerce firm, freelancer, or another type of business, Denver’s commercial real estate scene has something to offer.

While the city still has plenty of traditional properties that meet classic business needs — think multi-story office buildings with lobbies and elevators or retail storefronts on high-foot-traffic streets — other properties have been constructed or renovated to serve uniquely 21st-century needs.

Shared Workspaces

Enterprise Coworking in the RiNo neighborhood is one example of the explosion of shared workspaces in Denver. And it’s not just for solopreneurs; the space can accommodate teams of up to 100 people. Co-working spaces can provide a full-fledged office for a team that isn’t ready to commit to a long-term lease, such as an expanding business that’s considering a Denver location or a startup that’s seeking venture capital.

Even if you don’t need a physical workspace — perhaps you happily work from home — you can use co-working to obtain a business address and gain access to a private office or conference room when you need them. Other co-working spaces in the Denver area are available through WeWork, Modworks, and Thrive Workplace, but these are just a few of your options.

Why has co-working become so popular in recent years? Instead of having to lock in a long-term commercial lease for a fixed amount of space, which can be expensive and difficult to scale up or down as a business changes, co-working offers flexibility. It also eliminates overhead costs such as office furniture and WiFi; some co-working spaces even include services such as a full-time receptionist, eliminating your need to hire, manage, or pay directly for certain types of employees. Co-working spaces can also offer networking opportunities.

Adaptive Reuse

Buildings don’t always have to be used for their original purposes. Finding a new way to use a building when there isn’t enough demand for its old setup is called adaptive reuse, and the for-rent church building at 915 E. 9th Ave. in Denver is a great example.

This commercial building in walkable Capitol Hill once housed a congregation but is now used as office space. Rooms from 213 to 1,100 square feet are available to lease, and reserved parking is included. Features include brick walls, uniquely shaped rooms, and plenty of windows.

Open Floor Plans

In RiNo, 2350 and 2354 Lawrence each offer 3,010 square feet of commercial street-facing space that includes a kitchenette, bathrooms, and parking. Historic red brick facades give way to wide-open, loft-like spaces with high ceilings, exposed beams, and exposed ductwork. The spaces can be configured for office, retail, showroom, and other potential uses. The outline of an old Quaker Oats sign inside hints at the building’s past.

Rooftop Decks

Would you rather have your next meeting in a traditional conference room or on a rooftop deck? Franklin Street Properties is betting it’s the latter, so developers are building a 6,000 square foot rooftop deck there with outdoor meeting and collaboration spaces, a fire pit, and outdoor games at 1001 – 17th Street. This 20-story LoDo office building aims to woo software and internet companies with these and other amenities, including an improved lobby, a conference center, LEED certification, and a bike barn.

Multi-Use Real Estate

Built in 1905, the exquisitely preserved Parkside Mansion at 1859 York St. is currently being used as an office building and event center but has the potential to be used as a wedding venue including a bed and breakfast. With three stories, more than 12,000 square feet of space, flexible zoning, and fully upgraded electrical and plumbing systems, this building is amenable to dozens of potential uses, including general retail, live-work space, and even a funeral home. It sits on almost half an acre of land, has 32 parking spaces with room for more, and is ideally located across from City Park, and near several restaurants and downtown Denver.

Another example of flexible space is the Emerald Workshops located at 3540 Highway 52 in Frederick, just north of Amazon’s new fulfillment center in Thornton and a 20-minute drive from Denver, Boulder, Longmont, and Fort Collins. This commercial space consists of 56 customizable units of 1,500 to 48,000 square feet that can be used as retail, office, or light industrial space. It’s also suitable for showroom space and e-commerce fulfillment.

The Emerald Workshops’ first tenants include a CrossFit gym, a church, and a tax adviser. Amenities include 26-foot ceilings, large windows, and glass garage doors that can be opened to enjoy good weather. Social gathering spaces and outdoor electrical outlets for laptops are designed to foster interaction within and between companies — similar to what co-working spaces and rooftop decks are offering.


Whatever your commercial real estate needs —  big or small, historic or modern, temporary or long term — Denver has something to offer. Let us know if we can help you find the right space for your company.


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