Health insurance firm Elevance Health, formerly known as Anthem, is cutting 70 percent of its space in a Cap Hill office building where it has been the majority tenant.
The company will downsize its presence at 700 Broadway from 365,000 square feet to 106,500 square feet when its current lease expires at the end of the year, according to a report from Trepp, a firm that tracks commercial real estate loans. https://businessden.com/2024/12/02/elevance-health-700-broadway-anthem-bradford-allen/
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It looks like they will have to get rid of some of the dead weight in Denver.
downsize from outsourcing?