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Denver office market shows signs of stabilizing, but high vacancies and distressed sales persist

Five key takeaways for the market heading into 2026
Brookfield Properties sold the Johns Manville Plaza office complex in downtown Denver at an 85% discount from the $400 million it paid in early 2020. (CoStar)
Brookfield Properties sold the Johns Manville Plaza office complex in downtown Denver at an 85% discount from the $400 million it paid in early 2020. (CoStar)
CoStar Analytics
December 15, 2025 | 10:08 P.M.

Challenges persist for Denver's office market as tenants continue to reassess their office needs and office-using job growth slows.

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News | Denver office market shows signs of stabilizing, but high vacancies and distressed sales persist