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Market Street Station sold to Continuum Partners

market street station

Market Street Station sold to Continuum Partners for $14.5 million. Continuum Partners is planning to build a $150 million mixed-use development on the two-acre site. The 370,000 square foot development will include 90,000 square feet of office space, 85,000 square…

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Property tax for commercial buildings to increase substantially.

property tax

Property tax for commercial properties likely to increase substantially come January 2015. According to Denver County Assessor’s office and their most resent reassessment, commercial properties saw an average of 18% increase in their assessed values. Multifamily properties saw the highest…

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Denver office market vacancy drops to 9.8% in Q3 2015

office market

Denver office market vacancy drops to 9.8% in Q3 2015 with net positive absorption of 1,091,048 square feet. This represents the highest net absorption over the last four quarters. This compares to the second quarter 2015 with net positive absorption…

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Denver industrial building vacancies drops to 4.1% in Q3 2015

industrial building

Denver industrial building vacancies drops to 4.1% in Q3 2015, with net positive absorption of 763,996 square feet in the third quarter. Vacant sublease space also decreased, ending the quarter at 1,040,923 square feet. Net absorption for the overall Denver…

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