Office Evolution Signs Full-Floor Lease at The Amp Building
Colorado-based flexible workspace provider Office Evolution is relocating in downtown Denver to a full floor at 1580 N. Logan St., in a lease arranged by CBRE.
Office Evolution will move from its current location at 1624 Market St. in lower downtown Denver, where it has operated for the last 16 years. 2023 marks the 20th anniversary of the company, which was founded in Colorado and today has more than 70 locations in states across the country. The company provides locally owned and operated flexible workspaces through a franchising model.
“After a long tenure in LoDo we are excited for the move to Logan Street. It allows us to continue to offer our clients convenient, modern, affordable workspaces that foster creativity, collaboration, and community. We know our Ohana will enjoy the updated bright new location and can’t wait to welcome new members to the space,” said Bryce Hill, director of business operations, Office Evolution.
Office Evolution’s full-floor lease at The Amp building totals 11,300 square feet on the sixth floor. The floor will be built-out to include private offices, dedicated desks, shared workspaces, conference rooms, mail service, a community kitchen, and an on-site receptionist. The building itself recently completed a full renovation of both its interior and exterior spaces. The location is two blocks from the State Capitol, two blocks from the Central Business District, and is surrounded by restaurants, gyms, apartments, and entertainment venues.
The CBRE team of Ryan Link, Rob Link, Harrison Archer and Kiana Akina represented Office Evolution in the lease.
“Office Evolution wanted to stay in downtown Denver, and they liked that they could occupy a full floor in this recently renovated building surrounded by housing and retail,” said Ryan Link, senior vice president, CBRE. “There is growing demand in this new era of hybrid work for flexible spaces where you can drop in, find a place to meet or focus and have access to the technology and resources you need to be productive. We are seeing everyone from small businesses to large occupiers incorporate flexible office space into their real estate portfolios to help them stay nimble.”
CBRE recently surveyed companies in the tech, financial services, and professional services sectors about their anticipated use of flexible office space. Thirty-six percent of tech, 44% of financial services and 70% of professional services respondents said they expected to more than double the amount of flexible office space in their portfolio by 2024.