Tracking the rise of tech and defense in Denver CRE

bar graph comparing SF leased by tech vs aerospace and defense in Denver from 2018 to 2025
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.

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