Tracking the rise of tech and defense in Denver CRE

Denver’s Emerging Hubs for Tech, AI, and Defense-Tech
- Fueled by Denver’s evolving tech ecosystem, a handful of office buildings have emerged as pivotal innovation hubs, attracting tenants across technology, AI, and defense-tech sectors. Since 2018, tech companies have leased a total of 3.9 million square feet, while defense and aerospace firms have accounted for an additional 2.3 million square feet of activity.
- Major clusters include Seventeenth Street Plaza (home to Salesforce and recently acquired for $132.5M), the Denver Tech Center (with large leases like LogistiCare), and the Union Station district, attracting tenants like Ibotta, Amazon, and Monday.com.
- The planned 200,000-SF Innovus building located near Buckley Space Force Base by Koelbel & Company aims to create a dedicated space for defense-tech companies.
- These concentrated hubs of innovation underscore Denver's growing prominence as a national center for technology, AI, and defense-related industries, signaling continued strong demand for well-located, high-quality office spaces.
June 5, 2025