Blog
Denver industrial real estate market surges in Q1 of 2014. Vacancy rate for Q1 came in at 4.6% which is down 0.4% from a year earlier while lease rates continue to climb towards pre-recession levels to $6.19 per square foot, up 9 cents from previous quarter. This was the sixteenth consecutive quarter of positive net…
Denver office lease rates continue to rise as Denver’s economy improves. The increase in Denver office lease rates was a trend that started in fourth quarter of 2012 while vacancy rates fell for the past six quarters. Average lease rates came in at $22.36 while direct vacancy rate fell to 13.3%. More than 831,439 square…
IMA sells its HQ at Union Station (1705 17th St.) while setting a new record for investment sales in the Denver office market at $600 per square foot. The buyer was GLL Properties which is a U.S. subsidiary of GLL Real Estate Partners Gmbh of Munich, Germany. The newly finished five-story North Wing building sold…
Retail space vacancy in the Denver metro area fell to the lowest level since 2008 in the fourth quarter of 2013. Direct vacancy came in at 6.6% which was down from third quarter and fourth quarter of 2012. Average lease rates rose to $15.83 per square foot, up 24 cents quarter-over-quarter and 45 cents year-over-year….
Owning a home is a keystone of wealth… both financial affluence and emotional security.
