The over 25K-square-foot space will provide room to
accommodate the sustainability company's impressive growth
DENVER, Aug. 21,
2024 /PRNewswire/ -- Redaptive, renowned for its data
and sustainability solutions for industrial and commercial
customers, is moving its headquarters from The Circa Building to a
much larger, 25K-square-foot space on
the eighth floor of McGregor Square in LoDo. The move comes on the
heels of significant company growth.
Located at 1601 19th Street in the heart of LoDo, McGregor
Square offers residential, office, and retail space and
entertainment options, encompassing a city block. The building is
near Coors Field, Union Station, the National Ballpark Museum, and
the Denver Millennium Bridge.
Redaptive relocated to Denver
from San Francisco in 2019 and
established Denver as its
corporate headquarters in 2023 with 17 employees. That number has
grown more than fivefold in just over a year. This growth is
expected to continue, with the new office space able to accommodate
another doubling of Redaptive's Denver-based employees.
"We decided to move to Denver
because of the city's growing economy, strong sustainability
mindset, and access to excellent talent. Those attributes have all
contributed to our growth in a big way," Redaptive CEO Arvin Vohra said. "As our company expands, we
plan to contribute even more to the Denver community as we increase our workforce
here."
Ryan Link, Harrison Archer, Rob
Link, Kiana Akina, and
Amelia St. John of CBRE represented
Redaptive in the full-floor sublease from Red Canary, a cybersecurity service company.
"Redaptive expressed clear confidence in Denver by establishing its headquarters here
in 2023 and subsequently signing a lease at McGregor Square," said
Ryan Link. "Its new location
perfectly represents the live-work-play environment attractive to
many companies."
In addition to the new headquarters, Redaptive recently
announced significant financing — $225
million from ATLAS SP Partners and another $250 million from Deutsche Bank, Rabobank, and
Mitsubishi HC Capital America — to support its mission to help
companies across the United
States, Canada, and
Europe reduce building emissions,
save money, lower carbon emissions, and meet sustainability
goals.
To learn more, visit https://redaptive.com/.
About Redaptive
Redaptive is a leading Energy-as-a-Service provider that funds and
installs energy-saving and energy-generating equipment. Redaptive's
programs help many of the world's most sophisticated organizations
reduce energy waste, optimize costs, lower carbon emissions, and
meet sustainability goals across their entire real estate
portfolios. With Redaptive, customers can overcome capital and
resource barriers to achieve energy-saving benefits, all with
continuous data powered by Redaptive's proprietary metering
technology. Redaptive was founded in 2015 and is headquartered in
Denver, Colorado. For more
information, visit redaptive.com.
About CBRE Group, Inc.
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 2023
revenue). The company has more than 130,000 employees (including
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.
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SOURCE Redaptive