Cybersecurity firm Optiv Security has officially relocated its headquarters from downtown Denver to a standalone facility in Leawood, Kansas, leaving behind nearly 40,000 square feet of office space in a struggling commercial real estate market, according to The Denver Post and The Denver Gazette.
Optiv Security Relocates Headquarters to Leawood, Kansas
Optiv Security completed its move from 1144 15th St. in downtown Denver to a three-story building located at 5100 W. 115th Place in Leawood, Kansas, according to The Denver Post. The cybersecurity company had operated as a prominent tenant in the 40-story Denver tower since 2018, occupying three floors before downsizing one floor to PNC Bank in 2021, as reported by BusinessDen. The company’s departure leaves floors 29 and 30 vacant, returning 39,415 square feet of office space to the market with a sublease listing extending through May 31, 2031.
In Kansas, the company has established its official base, with nearly 200 employees already working on-site, according to the Kansas City Business Journal. Optiv plans to expand its local workforce in Leawood, building on a global headcount of approximately 2,800 employees worldwide.
Impact on the Denver Office Market
Optiv’s exit adds pressure to a downtown Denver office market grappling with high vacancy rates. According to The Colorado Sun, downtown office vacancy reached 38.2% at the end of 2025, rising from 27.2% in late 2022, while suburban vacancy stood at 28.3%. Data from The Denver Gazette and Avison Young indicated that the central business district’s vacancy rate hit 44%, while LoDo recorded a 19.5% vacancy rate during the second quarter of 2026.
Despite these high vacancy figures, the broader market showed modest signs of absorption. Avison Young reported 365,748 square feet of positive net absorption citywide and 66,000 square feet of positive net absorption downtown during the second quarter of 2026, alongside 2.0 million square feet of leasing activity. However, the market still carried 4.4 million square feet of sublease availability, leaving open the question of whether incoming demand can absorb the two floors vacated by Optiv.
Workforce Footprint and City Budget Pressures
While the physical Denver office is closed, Optiv stated that Colorado remains an important market. According to The Denver Post, a couple hundred Colorado-based employees will transition to remote work, maintaining a regional workforce presence without a dedicated physical headquarters in the state.
The departure also intersects with municipal financial challenges in Denver. According to the city’s proposed 2027 budget documents, falling commercial office valuations are serving as a contributing factor impacting projected property-tax revenue, alongside shifts in assessment rates and slower residential growth.
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