Month: February 2019

Shoe giant Crocs relocating global HQ after more than a decade in Colorado’s Niwot

“Our business is strong and we continue to explore ways to meet the needs of our employees while investing in our future.”

Andrew Rees, President & CEO, CROCS

Shoe giant Crocs relocating global HQ after more than a decade in Colorado’s Niwot

Feb. 6, 2019

After more than a decade in Niwot, shoemaker Crocs Inc. will be relocating its corporate headquarters to Broomfield in 2020.

“Our business is strong and we continue to explore ways to meet the needs of our employees while investing in our future,” Andrew Rees, president and CEO of Crocs (Nasdaq: CROX), said in a statement provided by the company. “This is an exciting time to be at Crocs, and just like our iconic product, this best-in-class new headquarters will help our employees be comfortable in their own shoes.”

Crocs has occupied its current 98,000 square-foot headquarters at 7477 East Dry Creek Parkway in Niwot since at least 2004. The company’s new 88,000-square-foot headquarters will be just 13 miles away at 13699 Via Varra Road in Broomfield.

Shannon Sisler, Crocs’ senior vice president of global human resources, told Denver Business Journal that the company could not discuss the financial details of the company’s move due to the current earnings quiet period, but confirmed that economic incentives from the state of Colorado and the city of Broomfield played a role in Crocs’ move.

Read the rest of the Colorado Real Estate Journal here.

Crocs Signs Lease for 88,293 Square Feet at Atria

“Just like our iconic product, this best-in-class new headquarters will help our employees be comfortable in their own shoes.”

Andrew Rees,
president and chief executive officer, Crocs

Crocs Signs Lease for 88,293 Square Feet at Atria

Atria is a 176,586-square-foot speculative Class A corporate campus in Broomfield.

February 5, 2019

Casual footwear company Crocs Inc. will relocate its corporate headquarters from Niwot to Broomfield in 2020. The move is part of the company’s strategy for long-term, sustainable growth, including employee retention and recruitment.

“Our business is strong and we continue to explore ways to meet the needs of our employees while investing in our future,” said Andrew Rees, president and chief executive officer. “This is an exciting time to be at Crocs, and just like our iconic product, this best-in-class new headquarters will help our employees be comfortable in their own shoes.”

The new headquarters will be located at Atria, 13601 Via Varra Road. It will provide the company with 88,000 square feet of office space that is more convenient and centrally located for the majority of Crocs employees, and provides easy access to the U.S. Highway 36 corridor, restaurants, shopping, trails and other amenities, which the company said will help it attract and retain key talent.

A lease for the space was negotiated with Ektin Johnson Real Estate Partners, with an initial term of 10 years and two five-year renewal options. Crocs has selected Denver-based Venture Architecture to design the workspace.

“We are grateful that Niwot has been our home for more than a decade, and are thrilled to keep and grow our global headquarters in the thriving state of Colorado,” Rees said.