Delta Dental of Colorado to Relocate Corporate Headquarters within Southeast Denver
02 Jan 2020
Delta Dental of Colorado has recommitted to Southeast Denver with the announcement of its corporate headquarters relocation to Tower. The dental benefits company has leased 55,438 sq. ft. at 6465 South Greenwood Plaza Boulevard, moving three miles south of 4582 South Ulster Street, where it has operated for the past 25 years. CBRE’s Frederic deLoizaga, Ryan Link and Rob Link represented Delta Dental in the lease.
“Delta Dental really prioritized the employee experience in their decision to relocate. They already have an outstanding corporate culture, and through this space they are redefining and promoting the values that make their company unique and creating a headquarters that their team memberswill be excited to step into every day,” said Frederic de Loizaga, First Vice President, CBRE.
Delta Dental is the state’s leading dental benefits company and the only one based in Colorado. The nonprofit company, which is focused on improving oral health, and the Delta Dental of Colorado Foundation, which is funded by the company and focused on improving the well-being of all Coloradans by advancing oral health equity, will share the office space. Together the organizations employ nearly 200 people in the Denver Tech Center who serve 1.4million customers across the state.
“We spent a lot of time listening to what our team members wanted in a workspace and working with CBRE to explore the best options for our new home. As an organization focused on improving health, we appreciated the wellness features of Tower, including the fitness center, healthy food options, outdoor areas and easy access to light rail and bike paths. Many people are not aware of the connection between oral health and overall health, and our hope is that the new space will help us continue to grow our business and deliver on our mission to improve oral health in Colorado,” said Greg Vochis, Chief Financial Officer, Delta Dental of Colorado.
Delta Dental of Colorado invests more than half of what it earns back into the community. Over the past 10 years the company has donated over $70 million in the form of support for its foundation and other community benefit organizations and activities.
The company has been in Colorado for more than60 years and plans to design its new space with a connection to the Centennial State’s history, present and future. The space will reflect Colorado’s diversity and highlight key contributions from communities across the state.
Tower is a 10-story Class A office building located on 6.5 acres just north of East Arapahoe Road between South Quebec Street and I-25 in Centennial. Building amenities include a newly remodeled fitness center with locker rooms and showers, bike storage, a new on-site micro-market concept and outdoor seating areas. The property is adjacent to Fiddler’s Green Amphitheater and within walking distance of several restaurants and retail shops. The Arapahoe at Village Center light rail station is one block east of the building, serviced by the E, F and R lines.
“The relocation of Delta Dental’s corporate headquarters to Peakview Tower speaks to the strength of the building and its in-demand amenities,” says Clint Copulos, senior vice president and asset manager of Peakview Tower for KBS. “At KBS, we carefully curate our properties to cater to today’s top companies, which can be seen through the property’s newly renovated fitness and wellness center, and an all new tenant lounge featuring a full service coffee bar situated in a park-like setting with picturesque views of the mountains.”
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2021 revenue). The company has more than 105,000 employees (excluding Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.