New York City-based TIAA Financial Services is dumping its Denver office to move to The Star in Frisco.
The New York City-based financial services company will be shuttering the doors to its Denver offices to make way for its North Texas move.
The financial firm is reportedly closing its downtown Denver offices in 2026 as it prepares to move its offices toTIAA is one of the largest financial firms in the country as it manages $1.3 trillion in assets for 4.7 million people and 12,000 institutional clients like universities and nonprofits. It’s a move which will force TIAA to end its Denver lease before it was supposed to end in 2029, but is expected to save the company money.
TIAA currently employs approximately 1,000 people at its Denver office and many will be given the option to relocate to North Texas if they’d like.“We made this announcement now to give our associates as much notice as we could,” the company said. Though some employees are expected to remain at a data center in Broomfield, Colo., it will end TIAA’s 30-year run in downtown Denver as the company will give up its iconic space at 1670 Broadway, which many simply referred to as the ‘TIAA building’ since its logo is spelled out at the top of building.But it’s a fresh beginning for the company as Frisco will overtake Denver in its growth strategy alongside its bigger offices in New York, Chicago and Charlotte, N.C.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
TIAA closing Denver operations center, eliminating 1,000 jobs amid move to Frisco, TexasTIAA will maintain corporate centers in New York, Chicago and Charlotte, N.C., with Frisco, Texas essentially replacing Denver.
Read more »
TIAA closing Denver operations center, putting 1,000 jobs at risk amid move to Frisco, TexasTIAA, one of the nation’s largest financial firms, informed its employees Tuesday morning that it is closing its Denver operations center over the next two years, putting about 1,000 jobs at risk.
Read more »
Watch out, Denver drivers: RTD construction to shut down 2 Denver intersections for weeksTwo Denver intersections will be closed for weeks as construction continues on the Regional Transportation District’s downtown rail reconstruction project.
Read more »
BREAKING: Denver Nuggets Reportedly Sign Elite 3-Point ShooterAccording to Bennett Durando of The Denver Post, the Denver Nuggets will sign Spencer Jones.
Read more »
To cover losses elsewhere, TIAA pushes costly in-house products on retirement savers, whistleblower saysTIAA, one of the nation’s largest investment advisory firms pushed thousands of its customers into higher-fee accounts, benefitting the firm at their investors’ expense. NBC News’ Gretchen Morgenson explains where the settlement money will go.
Read more »
Frisco-based Dude Perfect stars in new ‘30 for 30′ documentary on ESPN‘Dude Perfect: A Very Long Shot’ is premiering Saturday night on ESPN.
Read more »