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Tech Company Fivetran to Expand at STEAM on the Platte

In 2021, technology company Fivetran renewed its 38,000-square-foot lease at STEAM on the Platte, Denver. Rendering: Fivetran

Technology company Fivetran has renewed its 38,000-square-foot lease at STEAM on the Platte with plans for expansion. Fivetran, an Oakland, California-headquartered technology company, reached unicorn status after a $100 million Series C funding round in June of 2020, valuing the company at $1.2 billion.

With a focus on the employee experience, Fivetran’s office will now evolve to include a dedicated training hub, lounge, gym and workspace to meet the needs of their growing team.

Newmark Associate Director Josh Pons and Senior Managing Director Andrew Blaustein represented Fivetran in the lease. The landlord is Urban Ventures.

“Since Fivetran’s establishment of its initial office in Denver, we have continued to execute on a scalable growth strategy for the company and were thrilled to enable them to have the space to expand within STEAM on the Platte,” said Pons. “The design of this office is truly unique and aligns itself well with Fivetran’s tremendous culture of inclusion and community engagement.”

Located at 1401 Zuni Street, STEAM on the Platte is a 65,000-square-foot, mixed-use community located along the Platte River in Denver. The property offers a convenient downtown location proximate to two light rail stops and the Platte River Bike Trail. The first phase included the conversion of the 100-year-old rag-baling warehouse into creative office space as well as the the renovation of a 6,000-square-foot bow truss building into Raices Brewery. Future phases will include the addition of new office and residential buildings.

Fivetran provides high-performance pipelines to deliver data into modern cloud warehouses without configuration or maintenance.

“With an emphasis on flexible workstations and functional amenities like dedicated training spaces and community building areas, our expanded office is a model workplace of the future,” said Taylor Brown, Fivetran COO and co-founder. “Based on extensive research and feedback from our employees, our new office will be seen as another unique employee benefit that makes Fivetran a great place to work and grow your career.”

 

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