Key Takeaways
- • CFOx, a middle-market accounting and finance advisory firm, signed a new two-year lease for approximately 4,147 square feet at 1962 Blake Street in Denver's Lower Downtown (LoDo) district, extending its presence through August 2028.
- • The lease reinforces the firm's commitment to a physical downtown Denver presence at a time when many organizations are reassessing office footprints, according to the company's announcement.
- • Co-Founder and Co-CEO Michael DeSantis said the LoDo office brings the team together, gives clients an accessible meeting place, and keeps the firm connected to Denver's business community.
- • The announcement comes as downtown Denver's office market continues to face elevated vacancy and changing workplace patterns since the pandemic.
Summary
The company framed the lease as a statement of commitment to downtown Denver. The announcement notes that downtown's office market has faced significant headwinds since the pandemic, including elevated vacancy and changing workplace patterns, and that employers continue to value well-located, high-quality space that supports collaboration and client access. The release also aligns the decision with broader public- and private-sector efforts to attract employers, support local businesses, and expand residential activity in the urban core.
The office sits within walking distance of Union Station and Coors Field, and the firm describes it as a central hub for its growing team and a meeting point for clients and partners across Colorado and the country. In a statement, Co-Founder and Co-CEO Michael DeSantis said, "CFOx was built in Denver, and we continue to believe in the future of downtown." He added that the firm applies the same investment discipline it brings to advising private equity sponsors and business owners to its own decisions.
CFOx was established in 2020 by former Big Four professionals and serves private equity groups and founder-led businesses with transaction advisory, financial leadership, and accounting support. The firm reports more than 1,000 client engagements across more than 30 industries. Lease financial terms were not disclosed in the announcement.
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