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Denver office vacancy falls to 9.5% in Q1 2016

Office

Denver office vacancy falls to 9.5% in first quarter 2016 The Denver office market ended the first quarter 2016 with a vacancy rate of 9.5%. This was a 0.3% decrease from previous quarter, where the vacancy rate stood at 9.8%. Net absorption for the quarter was 649,144 square feet which was a -40.54% drop compared…

Downtown Denver reaches $2.5 billion in developments 2016

downtown Denver

Downtown Denver reaches $2.5 billion in developments 2016 More than $2.5 billion in developments are either planned or under construction according to the latest report from Downtown Denver Partnership. As of mid-2016, there were 18 projects under construction while another 14 projects were in the planning stage. The $2.5 billion developments include 1,230 additional hotel…