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Vacancy rate for Denver’s retail drops to 5.1% in Q3 2015, down 0.2% from previous quarter. Net positive absorption for the third quarter came in at 340,417 square feet which was slightly lower than second quarter 2015 at 378,552 square feet, and 178,923 square feet less than first quarter 2015 at 519,340 square feet. Fourth…
Denver office vacancy drops to 10.0% in second quarter 2015, down from previous quarter with a net positive absorption of 728,132 square feet. In comparison, the first quarter 2015 saw a net positive absorption of 346,165 square feet, while the fourth quarter 2014 saw a net positive absorption of 625,675 square feet, and third quarter…
Denver retail vacancy rate drops to levels not seen since 2006, lowing the vacancy rate 5.9% in second quarter of 2015. The average asking lease rates for Denver retail space soared 12.5% to $17.37 per square foot as more than 241,000 square feet of retail space was absorbed. Nearly 369,000 square feet of retail is…
Denver industrial vacancies dropped to 4.4% in first quarter of 2015 with net positive absorption of 809,298 square feet while pushing the average rental rate to $7.60 per square foot for the quarter. This was significantly lower than the net positive absorption 2,221,709 square feet in the fourth quarter of 2014, positive 918,872 square feet…
Owning a home is a keystone of wealth… both financial affluence and emotional security.
