Companies have faced many choices when it comes to office space amid the disruption of the coronavirus pandemic. With the increasing popularity of remote and hybrid work, many CEOs are questioning how much office space — if any — they need to keep their employees happy and successful. When it comes to five homegrown Colorado companies, their real estate decisions vary as much as the products and services they sell, from shoes to interior design work to kidney care.
DaVita Inc.'s office space remains one of the largest occupied by a single company in downtown Denver, a status unchanged despite the dramatic shifts in office work prompted amid the pandemic. The company owns the 240,000-square-foot building known as Casa Del Mundo at 2000 16th St., while it leases 3450,000 square feet at Casa Vida at 2001 16th St. DaVita purchased the property at 2000 16th St. for $11.15 million in 2010, according to property records. Dave Maughan, senior vice president at DaVita, told Denver Business Journal that although the company subleased 37,000 square feet at the company’s Casa Vida building at 2001 16th St. last year, that sublease was always part of the plan.
Warren Buffett loves to own cash-generating "toll bridge" companies. DaVita qualifies on both counts.