Denver, CO office market
Denver office values show severe bifurcation between prime Class A assets and older commodity towers facing elevated vacancies. Well-leased trophy assets command upwards of $500 to $900 per square foot, while distressed downtown buildings trade under $150 per square foot. Because no specific street address was provided, comps reflect citywide office transactions across varied submarkets.
What's driving Office prices in Denver
Denver office pricing is deeply bifurcated, with trophy assets stable but older downtown inventory experiencing steep valuation drops.
- Flight to quality driving demand and rent premiums for top-tier Class A space
- Downtown vacancy over 30% pressuring commodity Class B and C towers
- Distressed debt maturities forcing steep discount sales and repossessions
Market intelligence
Tracking this market · 5 comps · 12-month median $135/SF · latest deal Jun 2026.
This quarter: 0 comps added to our corpus in Q4 2026. Trend medians use closed-deal dates from our growing comp corpus; automated estimates, not an appraisal.
Where these comps are
Momentum ContractingPins are geocoded from each comp's public address, so positions are approximate. Comps quoted at the submarket level aren't pinned. The shaded area is Denver's municipal boundary, coloured to match the momentum read above.
Recent Office comps in Denver, CO
| Address | Date | Type | Size (SF) | Class | Floor Plate | Price / Rate | $/SF | Tenancy | Year Built |
|---|---|---|---|---|---|---|---|---|---|
| 255 Fillmore St, Denver, CO 80206 estimate | Jun 2026 | Sale | 100000 | Class A | 14,286 SF | $92,500,000 | $925 | Multi-tenant, 100% occupied | 2024 |
| 2301 Blake St, Denver, CO 80205 listing | Dec 2025 | Sale | 56846 | Class B | 18,949 SF | $7,650,000 | $135 | Multi-tenant | 1952 |
| 1801 Broadway, Denver, CO 80202 news | Dec 2025 | Sale | 195753 | Class B | 12,000 SF | $6,000,000 | $31 | Multi-tenant, ~39% occupied | 1981 |
| 1701 Platte St, Denver, CO 80202 estimate | Jul 2025 | Sale | 248783 | Class A | 49,757 SF | $135,000,000 | $543 | Multi-tenant, 88% occupied | 2022 |
| 1600 Stout St, Denver, CO 80202 news | Oct 2024 | Sale | 172912 | Class B | 9,400 SF | $8,950,000 | $52 | Multi-tenant | 1983 |
| Median of 5 recent sales · $135/SF | $135 | ||||||||
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Other markets
Figures are automated estimates derived from public listings, records, and brokerage announcements for Denver, CO, not an appraisal or a broker opinion of value. Verify independently before relying on them. CompNinja connects owners with licensed local brokers; it is not a brokerage.