Steel House has a tenant.
Fivetran, an Oakland, California-based tech company, will move its Denver office to the top floor of the building at 3100 Brighton Blvd. in the RiNo neighborhood, the company said this week.
The 33,000-square-foot lease was signed last quarter. Fivetran, which bills itself as the global leader in data movement, expects to move in come October.
The company is leaving the Steam on the Platte building at 1401 Zuni St., where it launched its Denver office in 2019. Fivetran occupies 31,000 square feet there.
Newmark brokers Josh Pons, Andrew Blaustein and Rider Stoglin represented Fivetran in the new lease.
The 12-story, 320,000-square-foot Steel House building was completed in early 2025 by Boston, Massachusetts-based Beacon Capital Partners and Denver-based Elevation Development Group. The companies acquired the land before the pandemic, in late 2019, and broke ground in early 2023.
Steel House’s amenities — which include a climbing wall, basketball court and a 13,000-square-foot outdoor deck — were a draw to Fivetran, as was the premium top-floor space, according to Newmark.
Fivetran’s lease means Steel House avoids the fate of Rev360, an office building five blocks away that has sat empty since its 2020 completion.
Fivetran could be joined at Steel House by Alterra. BusinessDen reported last month that the ski resort operator was eyeing a lease there, which would replace its space at nearby Zeppelin Station.
RiNo, a nascent office market, now has 3.1 million square feet of office space, the majority of which was completed in the past decade. That space was 43% vacant as of the fourth quarter including space listed for sublease, according to real estate brokerage CBRE.
That compares with 28% office vacancy in the entire Denver metro area, and 38% in downtown Denver, per CBRE.
Read more from our partner, BusinessDen.
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