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Denver commercial real estate continues to improve in Q2. All three submarkets of Denver commercial real estate showed stronger numbers both in vacancy and increased lease rates. Denver office space market showed the lowest Q2 direct vacancy rate at 13.7% which was the lowest in any quarter since 2008. The average lease rate for Denver…
Cherry Creek adds another retail space for rent and apartment development called The Steele Creek apartments. The 12 story 232 unit complex will be the first luxury apartment building to be built in the Cherry Creek area in years. BMC Investments bought the property for $15.75 million in September 2012 from Eric Bush – about $838 per…
Denver commercial real estate is fueled by energy companies Denver commercial real estate is booming partly because of the stiff competition from energy companies who are looking for prime real estate. Denver, along with Calgary, Dallas, Houston, Philadelphia and Pittsburgh are cities that are expected to benefit up to 75% of the 3.5 million new…
Denver Union Stations adds another multifamily complex call Platform at 1560 Wewatta St. The 287 unit, 21-story luxury apartment building is being developed by Holland Partner Group and is expected to be completed in fall 2014. The building will be 100% smoke-free and amenities includes, pool, fitness center, aerobics studio, and 6,858 square feet of…
Owning a home is a keystone of wealth… both financial affluence and emotional security.
