Goodbye, Denver. Chipotle Executives Call Newport Beach Home

Executives for fast-casual Mexican restaurant brand Chipotle are now settling into their new home in Newport Beach.

According to local reports, Chipotle executives have officially relocated from Denver to their new temporary offices on the 13th and 14th floors at 610 Newport Center Drive next to the Fashion Island Newport outdoor mall.

Chipotle is subleasing 22,667 SF of office space from CareerBuilder, according to the Orange County Business Journal.

A Chipotle spokeswoman told National Restaurant News that the “entire leadership team has relocated and are now based in Southern California.”

The office space is temporary until Chipotle finds a permanent headquarters, the Orange County Register reports.

The move comes a few months after newly hired CEO Brian Niccols, who had served as CEO of YUM Brands' Taco Bell division in Irvine and has a home in Newport Beach, announced Chipotle would close its New York office and Denver headquarters to relocate to Southern California.

Niccols cited increased competition and the need to attract talent in the industry as reasons for the move.

Chipotle is slated to officially close the Denver location, which had about 400 employees, and New York office, which had 32 employees, next month.

It is unclear how many executives relocated to Newport Beach.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Orange County Newsletters
Related Stories

GGP To Redevelop Former Dick's Sporting Goods Store At Frisco's Stonebriar Centre

From Pandemic Darling To Cautionary Tale: Pickleball Clubs Face A Reckoning After Betting Big On Retail Space

Gwinnett Mall Project Stands To Benefit From Georgia's Opportunity Zone Picks

JLL: Holiday Spending To Rise Nearly 10%, But Shoppers Aren't Splurging On Gifts

Philly Restaurant Operators Avoid Percentage Rent, Tenant Improvement Deals

Kroger Plans 3 New Store Formats, 110 New Locations In Bid To Boost Sales

Food Hall Planned Near Broncos' Burnham Yard Stadium Site

Next Phase Of Amsterdamse Poort Redevelopment Kicks Off

Site Centers To Stop Trading As It Winds Up Operations

Los Angeles Trials Its Own Vacant To Vibrant Program

Why Boston Has One Of The Nation's Hottest Retail Markets

Paramount Pictures To Reopen Bay Theater In Palisades Village