Newmont looks to sublease part of new Belleview Station headquarters

A February photo of the 6900 Layton building, which was completed in recent weeks. (BizDen file)

Gold mining firm Newmont wants to give up part of its claim.

The company is looking to sublease multiple floors that it leased for its headquarters in the new 6900 Layton building in the Denver Tech Center.

“Like many other companies, we have been re-evaluating our footprint as more and more employees have been successfully working remotely as a result of the pandemic,” Newmont spokesman Eric Colby said in an email. “This includes our spacing needs at 6900 Layton. Newmont will continue to maintain a presence at 6900, but is evaluating opportunities to reduce our square footage.”

Colby didn’t respond to additional questions.

The 6900 Layton building, developed by Denver-based Prime West and within the master-planned Belleview Station district, was completed in recent weeks. Newmont originally committed to the seventh through 10th floors of the building — approximately 142,000 square feet — before the project broke ground in 2018. It later added the sixth floor as well.

Newmont moved its headquarters to 6900 Layton from the nearby Palazzo Verdi building at 6363 S. Fiddler’s Green Circle in Greenwood Village.

The move already represented something of a downsizing for Newmont, which says it is the world’s leading producer of gold. In 2018, a Newmont spokesman said the company leased 218,000 square feet across eight floors at Palazzo Verdi, although one of those floors was being subleased at the time.

6900 Layton has one other office tenant; LogistiCare Solutions leased the 11th and 12th floors in August. That leaves the top three office floors available, along with building signage rights and ground-floor retail space.

A jump in the number of companies looking to sublease office space is one of the biggest ways that the pandemic has impacted commercial real estate locally.

At the end of September there was 4.3 million square feet available for sublease in the metro Denver market, which includes Boulder, according to CBRE research. That represents a 71 percent increase compared to the start of the pandemic.

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