This building at 3206 Osage St. in Denver is among the local properties where Sonder operates. (BusinessDen file)
Apartment hotel operator Sonder has decided it no longer needs an office in Thornton.
The San Francisco-based company wants to sublease the 30,000 square feet it controls at 500 E. 84th Ave., company spokesman Chase Edwards said in an email. The company’s lease runs through October 2024.
“Sonder has transitioned to its corporate employees being primarily remote,” Edwards said.
Sonder leased the space in 2018. The office is within North Valley Tech Center, a 470,000-square-foot converted former mall owned by Global Pacific Properties.
Sonder leases blocks of apartments in major cities — sometimes entire buildings — and operates them as a hotel, renting the units out for as short as a single night. While its properties lack some of the amenities a traditional hotel would have, units typically have kitchens, a washer and dryer, making for an Airbnb-like experience.
Sonder currently has five Denver locations: 3022 Zuni St., 3206 Osage St. and 3258 Tejon St. in LoHi, 3354 Larimer St. in RiNo and 2450 S. University Blvd. in University Park.
Sonder went public through a SPAC deal in January 2022. Its stock price has since declined 95 percent, closing Friday at 55 cents. Sonder laid off 21 percent of its corporate staff last year, and another 14 percent earlier in March, according to travel industry news site Skift.
This building at 3206 Osage St. in Denver is among the local properties where Sonder operates. (BusinessDen file)
Apartment hotel operator Sonder has decided it no longer needs an office in Thornton.
The San Francisco-based company wants to sublease the 30,000 square feet it controls at 500 E. 84th Ave., company spokesman Chase Edwards said in an email. The company’s lease runs through October 2024.
“Sonder has transitioned to its corporate employees being primarily remote,” Edwards said.
Sonder leased the space in 2018. The office is within North Valley Tech Center, a 470,000-square-foot converted former mall owned by Global Pacific Properties.
Sonder leases blocks of apartments in major cities — sometimes entire buildings — and operates them as a hotel, renting the units out for as short as a single night. While its properties lack some of the amenities a traditional hotel would have, units typically have kitchens, a washer and dryer, making for an Airbnb-like experience.
Sonder currently has five Denver locations: 3022 Zuni St., 3206 Osage St. and 3258 Tejon St. in LoHi, 3354 Larimer St. in RiNo and 2450 S. University Blvd. in University Park.
Sonder went public through a SPAC deal in January 2022. Its stock price has since declined 95 percent, closing Friday at 55 cents. Sonder laid off 21 percent of its corporate staff last year, and another 14 percent earlier in March, according to travel industry news site Skift.
